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What is the total cost

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Reference no: EM131695629

Measuring Cost Behavior

Month                Setup Hours (X)             Setup Co

January                 100                             $1,000

February                200                             1,250  

March                     300                            2,250         

April                       400                            2,500         

May                        500                            3,750

1. What is the total cost at a level of 750 setup hours using the high-low method?

A. $5,115.45

B. $5,468.75

C. $6,215.55

D. $6,935.85

2. What is the total cost at a level of 800 setup hours using least-squares regression?

A. $4,235

B. $4,765

C. $4,985

D. $5,525

Reference no: EM131695629

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