Carson,which Uses the High-Low Method of Estimating Costs,reported Total Costs

question 3

Multiple Choice

Carson,which uses the high-low method of estimating costs,reported total costs of $24 per unit when production was at its lowest level,at 10,000 units.When production doubled to its highest level,the total cost per unit dropped to $15.Carson would estimate its total fixed cost as:

• A)$9
• B)$33
• C)$180,000
• D)$585,000

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Definitions:

Gibberellin

A plant hormone that promotes growth and influences various developmental processes, including stem elongation, germination, and flowering.

Senescence

The process of aging where cells lose the ability to divide, grow, and function, leading to the eventual death of the cell.

Cytokinin

A class of plant hormones that promote cell division and growth, and are involved in aging, nutrient processing, and other physiological processes.

Amyloplasts

A type of plastid found in some plant cells, responsible for the synthesis and storage of starch granules through the process of photosynthesis.