Winston which uses the high-low method had an average cost


Question: Winston, which uses the high-low method, had an average cost per unit of $10 at its lowest level of activity when sales equaled 10,000 units and an average cost per unit of $6.50 at its highest level of activity when sales equaled 20,000 units. What would Winston estimate its total cost to be if sales equaled 8,000 units?

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Accounting Basics: Winston which uses the high-low method had an average cost
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