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During the past year, Gutter Corp., operated within the relevant range of its fixed costs. Monthly production volume during the year ranged from 48,000 to
During the past year, Gutter Corp., operated within the relevant range of its fixed costs. Monthly production volume during the year ranged from 48,000 to 80,000 units of product and corresponding total manufacturing costs ranged from $5.55 to $4.75 per unit. Determine the total cost behavior pattern experienced by Gutter Corp.
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