Question: SR Co. uses thehigh-low method to derive a total cost formula. Using a range of units produced from 2,000 to 5,000, and a range of

SR Co. uses thehigh-low method to derive a total cost formula. Using a range of units produced from 2,000 to 5,000, and a range of total costs from $32,000 to $65,000, producing 2,500 units will cost SR:

$40,000

$37,500

$50,000

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