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Problem:

Total cost was $76,700 when $26,000 units were produced and $95,000 when 37,000 units were produced.

Required:

Question: Use the high-low method to find the estimated cast for a production level of 32,000 units.

Note: Show all workings.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91174186

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