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eBook 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
eBook 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 1,950 650 1,200 $141,960 91,260 Total cost for 940 Show Me How 128,270 a. Determine the variable cost per unit and the total fixed cost." Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 940 units of production. per unit
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