Question: Basel uses the high - low method of estimating costs. Basel had total costs of $ 5 0 , 0 0 0 at its lowest

Basel uses the high-low method of estimating costs. Basel had total costs of $50,000 at its lowest level of activity, when 5,000 units were sold. When, at its highest level of activity, sales equaled 12,000 units, and total costs were $78,000.
Basel would estimate variable cost per unit as
a. $10
b. $6.50
c. $7.53
d. $4
 Basel uses the high-low method of estimating costs. Basel had total

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