# Need business and finance help for using the high low method, with student credit hours as the activity driver

Professional University teaches a large range of undergraduate courses. It is interested in determining the cost equation for the facilities cost as a function of student credit hours so that it an more accurately budget its facilities costs as enrollment grows. Information for the high and low cost semesters and volumes for last 5 years appears below

 Semester Student Credit Hours Facilities Cost Spring 2007 250,000 \$500,000 Fall 2004 300,000 \$530,000

Using the high low method, with student credit hours as the activity driver, what is the equation for facilities cost (FC) as a function of student credit hours?

Question 10 options:

 FC = \$350,000 + \$0.60 / student credit hour FC = -\$585,100 + \$1.67 / student credit hour FC = \$1.77 / student credit hour FC = \$2 / student credit hour

Thanks for installing the Bottom of every post plugin by Corey Salzano. Contact me if you need custom WordPress plugins or website design.

The post Need business and finance help for using the high low method, with student credit hours as the activity driver first appeared on https://customessayswriters.org.

Need business and finance help for using the high low method, with student credit hours as the activity driver was first posted on September 16, 2020 at 4:40 am.