Question: Holly Co. uses the high-low method. It had an average cost per unit of $12 at its lowest level of activity when sales equaled 8,400

Holly Co. uses the high-low method. It had an average cost per unit of $12 at its lowest level of activity when sales equaled 8,400 units and an average cost per unit of $620 at its highest level of activity when sales equaled 20,000 units. Holly would estimate fixed costs as Multiple Choice $84,000 $18.2 $100,800 $9,1

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