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London company has provided you with the following electricity costs for time first 5 month of their current year: Units Produced Electricity Costs January 1,000
London company has provided you with the following electricity costs for time first 5 month of their current year: Units Produced Electricity Costs January 1,000 $60,000 February 5,000 $250,000 March 3,000 $150,000 April 4,900 $260,000 May 2,000 $100,000 Required: Using the high-low method, what would be the estimated electricity cost for the month of June if the company expects to produce 8,000 units in June
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