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Harbor Images has collected the following cost data for various levels of activity: Month August September October November Images Created Total Cost 5, 450 $5,590
Harbor Images has collected the following cost data for various levels of activity: Month August September October November Images Created Total Cost 5, 450 $5,590 7,200 $6,210 7,550 $8,198 3,950 $5,030 a. Using the high-low method, determine the variable cost per image created and the total fixed cost. (Round your variable cost to 2 decimal places.) Variable Cost Fixed Cost Per Image Per Month b. Estimate the total costs when 5,950 images are created. (Do not round your intermediate calculations.) Total Costs
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