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Miller Company accumulates the following dat concerning a mixed cost, using units produced as the activity level. Units produced March 9,800 April 8,500 7,000
Miller Company accumulates the following dat concerning a mixed cost, using units produced as the activity level. Units produced March 9,800 April 8,500 7,000 7,600 May June a. Compute the variable-cost and fixed-cost components using the high-low method b. Using the information from your answer to part (a), write the cost equation c. Estimate the total cost if the company produces 8,000 units. Total Cost $14,740 13,250 11,100 12,000
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