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High-low method Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the

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High-low method Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fixed cost: Variable cost 5 Total fixed costs b. Based on part (a), estimate the total cost for 1,500 units of production. Total cost for 1,500 units $

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