Answer the following questions using the information below:
The Yeppoon Company uses the high-low method to estimate its cost function.The information for 2018 is provided below:
$$\begin{array} { l c c }
& \text { Machine-hours } & \text { Costs } \
\text { Highest observation of cost driver } & 2000 & \$ 225000 \
\text { Lowest observation of cost driver } & 1000 & \$ 125000
\end{array}$$
-What is the slope coefficient per machine-hour?
A)$10.00
B)$12.50
C)$125.00
D)$100.00

Question

Answer the following questions using the information below:
The Yeppoon Company uses the high-low method to estimate its cost function.The information for 2018 is provided below:
 $$\begin{array} { l c c } 
& \text { Machine-hours } & \text { Costs } \
\text { Highest observation of cost driver } & 2000 & \$ 225000 \
\text { Lowest observation of cost driver } & 1000 & \$ 125000
\end{array}$$
-What is the slope coefficient per machine-hour?
A)$10.00
B)$12.50
C)$125.00
D)$100.00

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
The Yeppoon Company uses the high-low method to estimate its cost function.The information for 2018 is provided below:
 $$\begin{array} { l c c } 
& \text { Machine-hours } & \text { Costs } \
\text { Highest observation of cost driver } & 2000 & \$ 225000 \
\text { Lowest observation of cost driver } & 1000 & \$ 125000
\end{array}$$
-What is the slope coefficient per machine-hour?
A)$10.00
B)$12.50
C)$125.00
D)$100.00

Answer the Following Questions Using the Information Below: the Yeppoon

Answer the Following Questions Using the Information Below:
the Yeppoon