XYZ Company uses the high-low method to analyze mixed costs. During the year, the highest level of activity was in May and the lowest level of activity was in February. In February, the company worked 11,00 hours and had a total cost of $46,300. In May, the company worked 27,000 hours and had a total cost of $110,300. What is the estimated total cost at an operating level of 16,000 hours? Select one: a. None of the answers given b. $74,300 c. $70,300 d. $66,300 e. $47,550 Company XYZ produces and sells headphones. The company has total fixed costs of $112,000. Each headphone sells for $35 per unit and has variable costs of $25 per unit. Next year XYZ Company wishes to earn an operating income that equals 10% of fixed costs. How many units must be sold to achieve this target income level? (rounded to the nearest number) Select one: a. 1.867 b.11.200 c. 10,0BD d. 12,320 2,053 Based on analyzing the production cost (Y) to units produced (X), the following relationship was found: Y = $5,000+ $20X. The $5,000 in the equation represents: Select one: a. Fixed production costs per unit. b. Total variable production costs. c. Variable production costs per unit. d. Total fixed production costs e. None of the answers given XYZ Bakery bakes breads that are sold to local restaurants and grocery stores in Muscat. When 300 breads are baked, the average cost is $1.25 per bread. When 900 breads are baked, the average cost is $0.65 per bread. What is the total cost when 800 breads are baked? Select one: a $550.00 b. $532.50 c. None of the answers given d. $1,000.00 e. $520.00 Following are utilities costs for different level of machine hours: $250 for 10 hours: $260 for 12 hours $270 for 14 hours: $280 for 16 hours. This cost is best described as Select one Variable