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High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the
High-Low Method Ziegler 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: Units Produced Me How Total Costs 4,205 1,305 2,760 $527,800 339,300 459,560 a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar.) Total fixed cost: b. Based on part (a), estimate the total cost for 1,980 units of production. Total cost for 1,980 units: $ per unit
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Enterprise Information Systems A Pattern Based Approach
Authors: Cheryl Dunn, J. Owen Cherrington, Anita Hollander
3rd Edition
0072404299, 978-0072404296
