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Global Publishers has collected the following data for recent months:

Month Issues published Total cost
March 20,500 $20,960
April 21,800 22,464
May 17,750 18,495
June 21,200 21,395

Required:
a. Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation.

b. What is the estimated cost for a month in which 19,000 issues are published?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9984880

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