Using the high-low method, what is the estimated total cost in a month when 12,000 units are produced? A) $26,000 B) $24,000 C) $26,200 D) $26,100 10. Variable costs per unit: A) can be estimated by the high-low method B) Can be estimated by the high-low method. B) Remains the same on a per unit basis as the level of activity changes C) Are represented by the slope of the total cost line. D) All of the above are correct 11. The comprehensive planning document that incorporates a number of individual budgets is the A) Capital acquisitions budget. B) master budget. C) material purchases budget. D) Sales forecast. 12. The warsaw company must maintain a minimum cash balance of $15,000. At the beginning of June the company's cash balance was $17,000. Budgeted cash receipts for June are $ 160,000 and budgeted cash disbursements are $171,000 In July the war saw company will need to borrow: A) $6,000 B) $2,000. C) $13,000. D) $9,000 13. Sweeper company produces booms. Utility costs are allocated to products based on a percentage brooms. Utility are allocated to products based on a percentage of material costs. Utility costs of $15,000 per month are budgeted and the store anticipates spending $30,000 in materials. If the company spends $8.50 per month for material, how much of the utility costs will be allocated to each broom? A) $4.25 B) $2.00 C) $17.00 D) $8.50