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Given the following cost and activity observations for Smithson Companys utilities, use the high-low method to calculate Smithsons fixed costs per month. Round variable cost

image text in transcribedGiven the following cost and activity observations for Smithson Companys utilities, use the high-low method to calculate Smithsons fixed costs per month. Round variable cost per unit to two decimal places in your calculations. A. $1,533 B. $50,000 C. $12,500 D. $5,000

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