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Monthly total cost equation

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Reference no: EM13124525

Fontain, Inc. collected the following production data for the past month:

Units Produced Total Cost

1,600 $22,000
1,300 19,000
1,500 22,500
1,100 16,500

If the high-low method is used, what is the monthly total cost equation?

A) Total cost = $4,400 + $11/unit

B) Total cost = $5,500 + $10/unit

C) Total cost = $0 + $15/unit

D) Total cost = $3,300 + $12/unit

Reference no: EM13124525

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