Multiple Choice
Fremont,which uses the high-low method,reported total costs of $10 per unit at its lowest production level,5,000 units.When production tripled to its highest level,the total cost per unit dropped to $5.Fremont would estimate its variable cost per unit as
A) $2.50.
B) $5.00.
C) $15.00.
D) negative $0.0005.
Correct Answer:
Verified
Correct Answer:
Verified
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