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

question 29

Multiple Choice

In applying the high-low method, what is the fixed cost?

• A) $17,500
• B) $36,000
• C) $14,000
• D) $50,000

---

Definitions:

Descending Colon

Part of the colon extending from the left colonic flexure to the sigmoid colon.

Ascending Colon

The first main part of the large intestine, which absorbs water and salts as it carries waste upward from the cecum toward the transverse colon.

Gallbladder

A tiny organ situated beneath the liver, responsible for storing and concentrating bile, which is a digestive liquid created by the liver.

Bile

Fluid secreted from the liver into the duodenum; consists of bile salts, bile pigments, bicarbonate ions, cholesterol, fats, fat-soluble hormones, and lecithin.