Glenn’s Glue Company produces glue for furniture. The following mixed costs were incurred for the first six months of operation: kio5

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Mixed Direct Month cost labor hours January $20,000 10,000 February 21,000 9,000 March 25,000 12,000 April 27,000 13,000 May 30,000 14,000 22,000 10,000 June Required: Determine the variable portion per unit and total fixed cost portion of the above mixed cost using the a High-low method b Scattergraph method