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Hamdan Enterprises makes product H2 and has the following costs at the given levels of production: Month Units Produced Total Costs Required January February
Hamdan Enterprises makes product H2 and has the following costs at the given levels of production: Month Units Produced Total Costs Required January February March April May June 1200 100,000 2000 132,000 3200 180,000 4400 228,000 5600 276,000 6800 324,000 1- Describe what is meant by the mixed cost. 2- Use high-low method to compute the variable and fixed elements of Hamdan's total costs. 3- Estimate the total cost of making 7250 units, assuming that total fixed costs and the variable Cost rate do not change.
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