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20. Ajax uses the high - low method of estimating cost. Ajax had total cost of $50000 at its lowest level of activity, when 5000
20. Ajax uses the high - low method of estimating cost. Ajax had total cost of $50000 at its lowest level of activity, when 5000 units were sold. When, at its highest level of activity, sales equal 12000 units, tatal cost were $78000. Ajax would estimate fixed cost as
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