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Which of the following statements related to cost estimation methods is true? Time left 105:35 O a. The low-high method is used to derive an

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Which of the following statements related to cost estimation methods is true? Time left 105:35 O a. The low-high method is used to derive an estimated line of cost behavior by graphically connecting the two cost amounts identified with the highest and lowest volume levels. O b. The most complex method of cost estimation is the high-low method. Oc Only high-low method has a slope and an intercept. O d. None of the given answers. The high-low method is the most accurate and reliable method to determine the cost behavior compared to scatter-graph plot and least squares regression methods. Company XYZ is a farming company. The company are famous for producing strawberries and blueberries. The variable cost of producing and selling one box of strawberries is $6, while the variable cost of producing and selling one box blueberries is $10. Each box of strawberries is selling for $20. while a box of blueberries sells for $26. The company produces and sells 5 boxes of strawberries for every 2 boxes of blueberries. Assuming a fixed cost of $204.000. How many boxes of strawberries need to be produced and sold to achieve breakeven? O a. 4,000 Ob. 10,000 Oc. None of the given answers Od 800 @e. 2.000 Maroon Company sells 500 units resulting in $150,000 of sales revenue, $50,000 of variable costs, and $36,000 of fixed costs. Breakeven point in units is: 200 units

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