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Given the following cost and activity observations for Johnson Company's utilities, use the high-low method to calculate Johnson's fixed costs per month. Total Cost Production
Given the following cost and activity observations for Johnson Company's utilities, use the high-low method to calculate Johnson's fixed costs per month. Total Cost Production April $61,774 1,160 May $85,561 1,766 June $97,512 2,480 Using the high-low method, determine the variable cost per unit, and the total fixed costs.
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