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Ajax uses the high-low method of estimating costs. Ajax had total costs of $46,820 at its lowest level of activity, when 5,500 units were sold.
Ajax uses the high-low method of estimating costs. Ajax had total costs of $46,820 at its lowest level of activity, when 5,500 units were sold. When, at its highest level of activity, sales equaled 18,300 units, total costs were $80,100. Ajax would estimate fixed costs as: Multiple Choice $33,280 $55,120 $126,920 $32,520
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