(Answered) Questions - q1 assume a co has the following available

Accounting

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Q1. Assume a Co. has the following available information about costs:

Year	Activity (units)	Total Operating Costs
2010	139,000	$364,000
2011	171,000	$428,000

Use the high low method to develop determine the variable cost per unit.

Q2. Calculate the total estimated cost for a company that produces 5,000 units of a product with the following cost behavior information:

Fixed costs are $20,000.

Variable cost per unit is $3 per unit produced.

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