Fremont,which Uses the High-Low Method,reported Total Costs of $10 Per

question 13

Multiple Choice

Fremont,which uses the high-low method,reported total costs of $10 per unit at its lowest production level,5,000 units.When production tripled to its highest level,the total cost per unit dropped to $5.Fremont would estimate its variable cost per unit as:

• A)$2.50
• B)$5.00
• C)$15.00
• D)($5.00)

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Definitions:

Creditors

Individuals or institutions to whom money is owed.

Duty

A legal or moral obligation to do something or to refrain from doing something.

Creation

The action or process of bringing something into existence, often referred to in various contexts such as art, invention, and religious narratives.

Small Companies

Businesses with a relatively small number of employees, financial assets, or market shares, often defined by specific legal criteria.