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A company incurs the following costs at different levels of activity: Level of activity units Total costs 1,000 16,000 500 11,000 4,000 46,000 Using the
A company incurs the following costs at different levels of activity:
Level of activity units | Total costs |
1,000 | 16,000 |
500 | 11,000 |
4,000 | 46,000 |
Using the high low method, the variable cost per unit and fixed costs are
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