XYZ Company uses the high low method to analyze the mixed cost. According to the cost formula derived, the total fixed cost is $10,000. Total cost at the high level of activity was $61,000 and at the low level of activity was $25,000. If the low level of activity was 2,500 units, what was the high level of activity in units? Select one: a. None of the answers given b. 9,500 c. 9,000 d. 6,100 e. 8,500 Company XYZ produces and sells headphones. The company has total fixed costs of $112,000. Each headphone sells for $140 per unit and has variable costs of $100 per unit. Next year XYZ Company wishes to earn an operating income that equals 40% of fixed costs. How many units must be sold to achieve this target income level? (rounded to the nearest number) Select one: a. 3,920 b. 2,800 c. 467 d. 653 e. 1,680 XYZ Company's accountant is estimating next period's total overhead costs (Y). She performed three regression analyses, the first is based on direct labor hours (DLH), the second is based on machine hours (Mhr), and the third is based on quantity produced (Q). The results were: [Y=$95,000 + $9xDLH; R-square = 0.90]; [Y= $120,000 + $5xMht; R- square = 0.10]; [Y=190,000+2Q; R-square=0.55]. How much of the variations on the overhead costs is explained by the machine hours (Mhr)? Select one: a. None of the answers given b. 55% c. 45% d. 10% e. 90% XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $135,000. This year the company reported a net operating income of $75,000. If sales are predicted to increase by 10% next year, how much would the increase in profits be in ($)? Select one: a. 7,500 b. 6,000 c. 11,667 d. 21,000 e. No change in income