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1. Use the high-low method to calculate the variable cost per inspection. 2. Calculate the total fixed costs. 3. Write the equation and calculate the

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1. Use the high-low method to calculate the variable cost per inspection. 2. Calculate the total fixed costs. 3. Write the equation and calculate the operating costs for 1,300 inspections 4. Draw a graph illustrating your total cost under this plan. Show the costs at 1,000, 1,300, and 1,400 inspections. (Use the high-low method for all calculations.)

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