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19 Island Enterprises has presented the following Information for the past eight months operations: Month April May June July August September October November Units 4,650
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Island Enterprises has presented the following Information for the past eight months operations: Month April May June July August September October November Units 4,650 3,850 2,050 3,450 4,150 4,850 4,550 4,850 Total Cost $ 18, 380 $ 16,200 $ 12,400 $ 14,500 $ 17,300 $ 20,520 $ 17,800 $ 17,000 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round varlable cost to 2 decimal places.) Fixed Cost Variable Cost Per Month Per Unit b. What would total costs be for a month with 3,650 units produced? (Do not round your Intermediate calculations.) Total CostsStep by Step Solution
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