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A Company sells a single product for $80 per unit. The Company had the following information for the past six months: Month Total Costs Incurred
A Company sells a single product for $80 per unit. The Company had the following information for the past six months: Month Total Costs Incurred Units Sold June $27,963 416 July $27,414 388 August $27,903 407 September $27,204 369 October $27,733 401 November $28,084 424 The Company expects to sell 411 units during December. Using the high-low method, calculate The Company's total expected cost for December and the expected margin of safety for December.
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