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Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,500 $39,263 August 32,896
Oriole Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 18,500 $39,263 August 32,896 49,344 September 37,008 56,540 October 22,616 40,156 November 41,120 76,586 December 39,064 63,736 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit $ Compute the fixed cost elements using the high-low method. Fixed costs $
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