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9. A business has experienced the following labour costs: Output (units) 7,000 12,000 Cost (S) 86,000 141,000 9,000 102,000 Fixed costs increase by $15,000 for

9. A business has experienced the following labour costs: Output (units) 7,000 12,000 Cost (S) 86,000 141,000 9,000 102,000 Fixed costs increase by $15,000 for output in excess of 10,000 units. Using the high low method what is the estimated cost of producing 14,000 units? A $142,000 B $157,000 C $163,000 $178,000

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