Question: Cypress, Incorporated, which uses the high low method, had an average cost per unit of $4.50 at its lowest level of activity, when sales equaled

Cypress, Incorporated, which uses the high low method, had an average cost per unit of $4.50 at its lowest level of activity, when sales equaled 10,000 units. Cypress had an average cost per unit )2.80 at its highest level of activity, when sales equaled 20,000 units. Cypress would rstimate fixed costs as:

a) 34000

b) 1.7

c) 45000

d) 5.8

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