Answer the following questions using the information below:
The Delmonico Company uses the high-low method to estimate the cost function. The information for 2011 is provided below:

-What is the constant for the estimating cost equation?
A)$4,000
B)$13,600
C)$16,000
D)$20,000

Question

Answer the following questions using the information below:
The Delmonico Company uses the high-low method to estimate the cost function. The information for 2011 is provided below:
 
-What is the constant for the estimating cost equation?
A)$4,000 
B)$13,600 
C)$16,000 
D)$20,000

Quizplus · Accepted Answer

The constant for the estimating cost equation is $4,000.

Answer the Following Questions Using the Information Below