In Applying the High-Low Method, What Is the Fixed Cost

question 113

Multiple Choice

In applying the high-low method, what is the fixed cost? $\begin{array}{llr}\text { Month}&\text { Miles }&\text { Total Cost }\\hline \text { January } & \overline{80,000} & \$ 192,000 \\\text { February } & 50,000 & 160,000 \\\text { March } & 70,000 & 188,000 \\\text { April } & 90,000 & 260,000\end{array}$

• A) $35,000
• B) $72,000
• C) $28,000
• D) $100,000

---

Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment.

Gut Feeling

Gut Feeling refers to an instinctual or intuitive reaction rather than one based on analytical reasoning, often influencing decision-making based on emotional impressions rather than facts.

Whistle Blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Ethical Pursuits

Activities or goals that are pursued in alignment with principles of right conduct, often emphasizing integrity and moral behavior.