Ajax uses the high low method of estimating costs. Ajax had total costs of $48800...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Ajax uses the high low method of estimating costs. Ajax had total costs of $48800 at its lowest level of activity, when 5300 units were sold. When at its highrst level of activity, sales equaled 15,300 total costs were $80,800. Ajax woudl estimate fixed costs as:
a. $129600 b. $59760 c. $32000 d. $31840
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
