Question: Ajax, which uses the high-low method, had average costs per unit of $10 at its lowest level of activity when sales equaled 10,000 units and
Ajax, which uses the high-low method, had average costs per unit of $10 at its lowest level of activity when sales equaled 10,000 units and average costs per unit of $6.50 at its highest level of activity when sales equaled 24,000 units. Ajax would estimate fixed costs as A. $60,000 B. $16.50 C. $8.25 D. $100,00
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