Solved

Carson,which Uses the High-Low Method of Estimating Costs,reported Total Costs

Question 3

Multiple Choice

Carson,which uses the high-low method of estimating costs,reported total costs of $24 per unit when production was at its lowest level,at 10,000 units.When production doubled to its highest level,the total cost per unit dropped to $15.Carson would estimate its total fixed cost as:


A) $9
B) $33
C) $180,000
D) $585,000

Correct Answer:

verifed

Verified

Related Questions