Question: Foster, which uses the high-low method, reported total costs of $24 per unit at its lowest activity level, when production equaled 10,000 units. When production
Foster, which uses the high-low method, reported total costs of $24 per unit at its lowest activity level, when production equaled 10,000 units. When production doubled, at its highest activity level, the total cost per unit dropped to $15. 7. Foster would estimate variable cost per unit as: a. $9.00 b. $6.00 c. $0.0006 d. $0.0009
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