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

question 16

Multiple Choice

Palm,which uses the high-low method,had an average cost per unit of $50 at its lowest level of activity when sales equaled 1,000 units and an average cost per unit of $32.50 at its highest level of activity when sales equaled 2,000 units.Palm would estimate fixed costs as:

• A)$30.00
• B)$82.50
• C)$17,500
• D)$35,000

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Definitions:

Promiscuity

Engaging in sexual activities with multiple partners without engaging in a committed relationship.

Male Gender

The sex that produces small, mobile gametes, typically associated with men and boys in humans.

Stigma

A mark of disgrace associated with a particular circumstance, quality, or person, often resulting in discrimination or social rejection.

Discrediting

The process of undermining the credibility or reputation of a person or concept.