11. The following data pertains to activity and costs for two months:

June July

Activity level 15,000 units 25,000 unit

Variable cost ? 50,000

Fixed cost ? ?

Mixed cost $25,000 ?

Total cost $75,000 $105,000

Assume that these activity levels are within the relevant range. Using the high-low method, how much is the companys total variable cost in July? (Hint: Mixed cost has a variable component that must be included in the companys total variable cost.) A. $20,000 B. $75,000 C. $35,000 D. $40,000 E. None of the above