Question: Cypress, which uses the high-low method, had an average cost per unit of $4.60 at its lowest level of activity when sales equaled 16,000 units

Cypress, which uses the high-low method, had an average cost per

Cypress, which uses the high-low method, had an average cost per unit of $4.60 at its lowest level of activity when sales equaled 16,000 units and an average cost per unit of $3.35 at its highest level of activity when sales equaled 26,000 units. Cypress would estimate fixed costs as: Multiple Choice $73,600 $6.35 O $52,000 O $1.25

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