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47. The following costs were for Bikeway Inc., a bicycle manufacturer that uses the high-low method Output 800 850 900 950 Fixed Costs $25,000 $25,000

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47. The following costs were for Bikeway Inc., a bicycle manufacturer that uses the high-low method Output 800 850 900 950 Fixed Costs $25,000 $25,000 $25,000 $25,000 Variable Costs $80,000 $85,000 $90,000 $95,000 Total Costs $105,000 $110,000 $115,000 $120,000 At an output level of 1,000 bicycles, per unit variable cost is calculated to be O $100.00 O $101.50. O $125.00 O $126.32. o $131.58

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