Winston,which Uses the High-Low Method,had an Average Cost Per Unit

question 65

Multiple Choice

Winston,which uses the high-low method,had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units.What would Winston estimate its total cost to be if sales equaled 8,000 units?

• A)$24,000
• B)$52,000
• C)$70,000
• D)$94,000

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Definitions:

Forms

In Platonic philosophy, refers to the abstract, perfect, non-physical essences of things or concepts that represent their most accurate reality.

Will to Live

A fundamental drive or motivation inherent in humans and animals aimed at survival and continuation.

Schopenhauer's Metaphysics

The philosophical inquiry concerning the nature of reality and the fundamental structure of the world as outlined by Arthur Schopenhauer, emphasizing the will as the underlying essence of all things.

Optimistic

Having a hopeful or positive outlook on the future, believing that the best possible outcome will occur.