Multiple Choice
Ajax uses the high-low method of estimating costs.Ajax had total costs of $50,000 at its lowest level of activity,when 5,000 units were sold.When,at its highest level of activity,sales equaled 12,000 units,total costs were $78,000.Ajax would estimate fixed costs as:
A) $28,000
B) $30,000
C) $64,000
D) $128,000
Correct Answer:
Verified
Correct Answer:
Verified
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