Santorini Ltd. has accumulated the following data over a six-month period: Determine the formula that could be used to determine Santorini's indirect labor cost at various levels of production using the high-low method.

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Santorini Ltd. has accumulated the following data over a six-month period:  Determine the formula that could be used to determine Santorini's indirect labor cost at various levels of production using the high-low method.

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The Answer of Santorini Ltd. has accumulated the following data over a six-month period:  Determine the formula that could be used to determine Santorini's indirect labor cost at various levels of production using the high-low method.