Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January 21,410 210 February 22,040 240 March 22,775 275 April May 23,195 295 23,510 310 June 23,720 320 July 24,350 350

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 9EB: The cost data for BC Billing Solutions for the year 2020 is as follows: Using the high-low method,...
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Total cost and number of units in the first seven months of 2020 are given below. According to this
information, which of the following is the cost equation?
Periods Total Cost
No.of Units
January
21,410
210
February
22,040
240
March
22,775
275
April
May
23,195
295
23,510
310
June
23,720
320
July
24,350
350
Select one:
O a. Y=23150+25*X
O b. Y=20500+23*X
Oc. Y=20000+22.5*X
O d. Y=17000+21*X
Transcribed Image Text:Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is the cost equation? Periods Total Cost No.of Units January 21,410 210 February 22,040 240 March 22,775 275 April May 23,195 295 23,510 310 June 23,720 320 July 24,350 350 Select one: O a. Y=23150+25*X O b. Y=20500+23*X Oc. Y=20000+22.5*X O d. Y=17000+21*X
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