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10. The costs of production of a company for the last four months have been as follows. Months 1 2 3 4 Cost ($) 107,800
10. The costs of production of a company for the last four months have been as follows. Months 1 2 3 4 Cost ($) 107,800 115,000 112,300 97,000 Production volume (Units) 7,200 8,000 7,700 6,000 Calculate the costs that should be expected in the next month when output is expected to be 7,000 units.
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