Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.

-What is the estimated total cost at an operating level of 8,000 hours?
A)$43,740
B)$36,670
C)$46,875
D)$37,125

Question

Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
 
-What is the estimated total cost at an operating level of 8,000 hours?
A)$43,740 
B)$36,670 
C)$46,875 
D)$37,125

Quizplus · Accepted Answer

The Answer of Answer the following questions using the information below:
The Barnett Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Barnett Company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation.
 
-What is the estimated total cost at an operating level of 8,000 hours?
A)$43,740 
B)$36,670 
C)$46,875 
D)$37,125

Answer the Following Questions Using the Information Below