Business, 01.11.2020 19:40 NearNoodle23

7. Presented below is the production data for six months showing the mixed costs incurred by Anderson Company. MonthCostUnits

July$5,8904,100

August$4,0123,200

September$7,4806,300

October$9,0007,500

November$5,8005,800

December$7,3366,600

Anderson Company uses the high-low method to analyze mixed costs. The cost function is where Y= Total Cost and X= Number of units.

A) Y = $440 + $1.12X B) Y = $300 + $1.16X

C) Y = $440 + $1.20X D) Y = $7,850 + $0.132X

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7. Presented below is the production data for six months showing the mixed costs incurred by Anderso...