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American Arabia Company makes cotton rolls as raw material for various cotton products. The following data on cotton rolls and costs is available: Month Cotton

American Arabia Company makes cotton rolls as raw material for various cotton products. The following data on cotton rolls and costs is available:

Month

Cotton rolls

Cost

January

2

$1,500

February

8

$3,500

March

4

$2,250

April

5

$2,500

May

6

$3,000

June

3

$2,250

Required: Using the high-low method, estimate the total cost for 10 cotton rolls.

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