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ABC Company produces a single product that it sells for $137 per unit. Information related to the costs of producing this product for the past
ABC Company produces a single product that it sells for $137 per unit. Information related to the costs of producing this product for the past seven months appears below: Month Total Cost Units Sold January $106,481 1,395 February $117,728 1,582 March $135,569 1,863 April $110,693 1,498 May $127,714 1,751 June $104,132 1,364 July $133,297 1,847 ABC Company expects to sell 1,695 units in August. Using the high-low method, calculate ABC Company's total expected cost for August.
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