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Reference: 06-08
Wilson Company's Activity for the First Six Months

question 104

Multiple Choice

Reference: 06-08
Wilson Company's activity for the first six months of the current year is as follows:  June  July  Activity level in units 10,00020,000 Variable costs $20,000$? Fixed costs 15,000? Mixed costs 10,000? Total costs $45,000$70,000\begin{array} { | l | l | l | } \hline & \text { June } & \text { July } \\\hline \text { Activity level in units } & 10,000 & 20,000 \\\hline & & \\\hline \text { Variable costs } & \$ 20,000 & \$ ? \\\hline \text { Fixed costs } & 15,000 & ? \\\hline \text { Mixed costs } & 10,000 & ? \\\hline \text { Total costs } & \$ 45,000 & \$ 70,000 \\\hline\end{array}
-Using the high-low method, the fixed portion of the electrical cost each month would be


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