Question

Using the high/low method, what was the total estimated fixed cost for Handy Hiking in 2005?

1) $110,000
2) $60,000
3) $50,000
4) None of the answers is correct

Answer 1

The provided information is relevant to physics and calculates the potential energy of a hiker at different elevations, not the estimated fixed costs for Handy Hiking using the high/low method.

Step-by-step explanation:

Calculation of Handy Hiking's Estimated Fixed Cost

The question does not provide the necessary financial data to calculate the estimated fixed costs using the high/low method, which is a cost accounting method. Instead, it provides details to calculate the potential energy of a hiker. To calculate the potential energy at the first overnight hut, we can use the formula for gravitational potential energy which is PE = mgh, where m is mass, g is the acceleration due to gravity (approximately 9.8 m/s2), and h is the height above the reference point. For a 70 kg hiker at 800 m above sea level, the potential energy is PE = 70 kg × 9.8 m/s2 × 800 m.

During the second day, to calculate how much potential energy the hiker has lost, we determine the difference in height (800 m - 500 m) and then use the same formula for potential energy with this new height. Hence, the lost potential energy is based on the difference between the potential energy at the first hut and the second hut.