Question
Harbor Images has collected the following cost data for various levels of activity: Month Images Created Total Cost August 5,550 $5,610 September 7,300 $6,230
Harbor Images has collected the following cost data for various levels of activity: Month Images Created Total Cost August 5,550 $5,610 September 7,300 $6,230 October 7,650 $8,382 November 4,050 $5,070 a. Using the high-low method, determine the variable cost per image created and the total fixed cost. (Round your variable decimal places.) Variable Cost Fixed Cost Per Image Per Month b. Estimate the total costs when 6,050 images are created. (Do not round your intermediate calculations.) Total Costs
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