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Chapter 20 Homework eBook Show Me How High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the
Chapter 20 Homework eBook Show Me How High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 2,210 $189,720 3,830 271,510 5,610 295,120 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) per unit Total fixed cost: b. Based on part (a), estimate the total cost for 2,820 units of production. Total cost for 2,820 units: Check My Work Previous Next
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