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Intel Corporation incurred total costs of $50,000 when 5,000 units were produced and $70,000 when 7,000 units were produced. Determine the fixed and variable costs
Intel Corporation incurred total costs of $50,000 when 5,000 units were produced and $70,000 when 7,000 units were produced. Determine the fixed and variable costs using the high-low method.
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