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F Company, which uses the high-low method, reported total costs of $24 per unit at its lowest activity level, when production equaled 10,000 units.
F Company, which uses the high-low method, reported total costs of $24 per unit at its lowest activity level, when production equaled 10,000 units. When production doubled, at its highest activity level, the total cost per unit dropped to $15. Foster would estimate variable cost per unit as Answer:
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