Ajax uses the high-low method to estimate costs. Ajax had total costs of $48,800 at its lowest

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Ajax uses the high-low method to estimate costs. Ajax had total costs of $48,800 at its lowest level of activity, when 5,300 units were sold.

At its peak, sales equaled 15,300,

total costs $80,800.

Estimate fixed costs.

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Managerial Accounting

ISBN: 9781259275814

11th Canadian Edition

Authors: Ray H Garrison, Alan Webb, Theresa Libby

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Posted Date: Jul 17, 2023 05:12 AM

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Ajax uses the high-low method to estimate costs. Ajax had total costs of $48,800 at its lowest

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To estimate the fixed costs using the highlow method we need to identify the variable c... View the full answer

Managerial Accounting

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