Lark,which Uses the High-Low Method,had Total Costs of $25,000 at Its

question 62

Multiple Choice

Lark,which uses the high-low method,had total costs of $25,000 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 $39,000.Lark would estimate fixed costs as:

• A)$14,000
• B)$15,000
• C)$32,000
• D)$60,000

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Definitions:

Vision

The sense that allows for the perception of visual stimuli, processed by the eyes and interpreted by the brain.

Body Senses

Sensory systems related to the body that include touch, proprioception (sense of body position), and the vestibular system (balance).

Occipital Lobe

The region of the cerebral cortex located at the back of the brain, primarily involved in processing visual information.

Vision

The ability to see, which is facilitated by the eye's mechanisms to detect light and interpret it as images.