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Consider the following information: Costs Activity (hours) $ 51,00040,000...

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Accounting

Consider the following information:
Costs Activity (hours)
$ 51,00040,000
$ 50,00041,000
$ 58,00042,000
$ 56,00043,000
What cost and activity would be used as the high data point in high-low cost estimation?
Multiple Choice
None of these.
$58,000 and 42,000 hours
$58,000 and 43,000 hours
$56,000 and 43,000 hours
$56,000 and 42,000 hours

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