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Case: The Joey Company (question 21) The Joey Company is estimating its costs based on past Information and uses the high-low method for cost estimation.

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Case: The Joey Company (question 21) The Joey Company is estimating its costs based on past Information and uses the high-low method for cost estimation. The total costs incurred at different levels of output were as follows: Output (units) Total costs $ 102 000 11 900 153 000 17 000 204 000 22 100 The Joey Company has now established that there is a stepped increase in fixed costs of $5 100 when output reaches 178 500 units. The estimate of total costs for an output of 127 500 units using the additional information is: [Round your answer to the nearest Integer.] $

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