Multiple Choice
Exhibit 5-1
Presented below are the production data for the mixed costs incurred by Clarion Company.
Clarion Company uses the high-low method to estimate mixed costs.
-Refer to Exhibit 5-1.What is the estimated total mixed cost at an operating level of 7,000 units?
A) $10,700
B) $16,500
C) $7,700
D) $8,000
E) None of the answer choices is correct.
Correct Answer:

Verified
Correct Answer:
Verified
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