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Island Enterprises has collected the following cost data for various levels of activity over the past eight months of operations: Required: a. Using the high-low
Island Enterprises has collected the following cost data for various levels of activity over the past eight months of operations: Required: a. Using the high-low method, calculate the variable cost per unit and the total fixed cost per month. Note: Round variable cost to 2 decimal places. b. What would the total cost be for a month with 3,500 units produced? Note: Do not round your intermediate calculations
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