Question: 12. A company, which uses the high - low method, reported total cost of $24 per unit at its lowest activity level, when production equaled

12. A company, which uses the high - low method, reported total cost of $24 per unit at its lowest activity level, when production equaled 10,000 units. When production doubled, at its highest activity level, the total cost per unit dropped to $15. Foster would estimate fixed cost as

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