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Shatner Inc. has decided to use the high-low metho...

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Shatner Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units produced Total Costs 7,500 600,000 12,500 725,000 20,000 800,000 a. Determine the variable cost per unit and the fixed cost b. Based on part (a), estimate the total cost for 10,000 units of production,Forgot to put this question What is the total cost of 25,000 units of production

 

Paper#11326 | Written in 18-Jul-2015

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