Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed

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Tashiro 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

60,000 .................................... $19,200,000

69,000 .................................... 20,010,000

90,000 .................................... 24,090,000

a. Determine the variable cost per unit and the total fixed cost.

b. Based on part (a), estimate the total cost for 86,000 units of production.

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Accounting

ISBN: 9781337902687

28th Edition

Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider

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Question Posted: Apr 19, 2021 12:56 AM

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Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed

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Under High Low method Variable cost per unit Highest cost for highest unit...View the full answer

Accounting

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