Meadow,which Uses the High-Low Method,had Total Costs of $500,000 at Its

question 35

Multiple Choice

Meadow,which uses the high-low method,had total costs of $500,000 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 $780,000.Meadow would estimate fixed costs as

• A)$280,000.
• B)$300,000.
• C)$640,000.
• D)$1,200,000.

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Definitions:

Inconsistent

Displaying lack of uniformity or steadiness; actions or statements that are irregular or conflicting with one another.

Deviant

Actions or behaviors that violate societal norms or values.

Biopsychosocial Model

A framework that attributes disease outcome to the intricate, variable interaction of biological factors, psychological factors, and social factors.

Biological

Pertaining to the science of life or living matter in all its forms and phenomena, especially with reference to origin, growth, reproduction, structure, and behavior.