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

question 56

Multiple Choice

Coda Corp. uses the high-low method to estimate how its costs vary with levels of production. For the year, its high production was 5,000 units in a day, at a cost of $180,000, and its low production was 4,000 units, at a cost of $160,000. Its variable cost per unit is

• A) Zero
• B) 10
• C) 15
• D) 20

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Definitions:

Evaluation Phase

The stage in a process, project, or campaign where outcomes are assessed to determine their success and to inform future actions.

Posttest the Promotion

The process of evaluating the effectiveness of a promotional campaign after its completion to gauge its impact on consumer awareness, perception, and behavior.

Design the Promotion

The process of creating and planning marketing strategies to increase the awareness or sales of a product or service.

State the Mission

involves clearly expressing the purpose, goals, and values of an organization.