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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

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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 total cost. The data for various levels of production are as follows: Units Produced Total Costs 1,050 $170,100 1.840 252,130 2,550 264,600 .. Determine the variable cost per unit and the total and cost Variable cost: (Round to the nearest dollar) Total fixed cost b. Based on part (a), estimate the total cost for 1,300 units of production per unit Total cost for 1,300 units

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