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Elm uses the high-low method of estimating costs. Elm had total costs of $248,745 at its lowest level of activity, when 13.000 units were sold,
Elm uses the high-low method of estimating costs. Elm had total costs of $248,745 at its lowest level of activity, when 13.000 units were sold, When, at its highest level of activity, sales equaled 18,900 units, total costs were $398,900. Elm would estimate variable cost per unit as Multiple Choice $1913 $2111 $20.30 $25.45
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