Chi Corp Uses the High-Low Method to Estimate How Its Costs

question 99

Multiple Choice

Chi Corp. uses the high-low method to estimate how its costs vary with levels of production. For the year, its high production was 50,000 units in a day, at a cost of $1,000,000, and its low production was 30,000 units, at a cost of $700,000. Its fixed costs are

• A) Zero
• B) 100000
• C) 250000
• D) 400000

---

Definitions:

Teratogen

Any agent or substance that can cause malformations or defects in a developing embryo or fetus when exposed during pregnancy.

Embryonic Stage

The period in prenatal development from the second to the eighth week after fertilization during which significant growth and differentiation of the embryo occurs.

Major Systems

In psychology and neuroscience, this could refer to the primary functional systems of the brain, including sensory, motor, and cognitive systems.

DeCasper And Spence

Researchers known for their work on infant preferences and perceptual capabilities, including the finding that infants can recognize their mother's voice.