Find the cost formula for maintenance is

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Question 1: Mitcham Ltd has observed that at an activity level of 10 000 units the maintenance cost is $12 000, and at 20 000 units the maintenance cost is $18 000. Using the high-low method, the cost formula for maintenance is:

Select one:

Option a. $5000 + $.60 x units.

Option b. $1.54/unit

Option c. $6000 + $.60 x units.

Option d. $6000 + $.1.54 x units.

Reference no: EM132526413

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