Cool Creams Cool Creams provided the following data for number of ice creams produced and its total overhead costs for past five months:
Refer to the information provided for Cool Creams. Using the high/low method, what is the overhead cost equation?
A) Y = $6,000 + $4.75x
B) Y = $1,500 + $4.50x
C) Y = $7,630 + $4.32x
D) Y = $1,500 + $4.32x

Question

Cool Creams Cool Creams provided the following data for number of ice creams produced and its total overhead costs for past five months:
 Refer to the information provided for Cool Creams. Using the high/low method, what is the overhead cost equation?
A) Y = $6,000 + $4.75x 
B) Y = $1,500 + $4.50x 
C) Y = $7,630 + $4.32x 
D) Y = $1,500 + $4.32x

Quizplus · Accepted Answer

The Answer of Cool Creams Cool Creams provided the following data for number of ice creams produced and its total overhead costs for past five months:
 Refer to the information provided for Cool Creams. Using the high/low method, what is the overhead cost equation?
A) Y = $6,000 + $4.75x 
B) Y = $1,500 + $4.50x 
C) Y = $7,630 + $4.32x 
D) Y = $1,500 + $4.32x

Cool Creams Cool Creams Provided the Following Data for Number