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P-1 ABC Company produces 55,000 tons of material in August at a cost of $1,150,000. In September, the company produced 35,000 tons at a cost

P-1 ABC Company produces 55,000 tons of material in August at a cost of $1,150,000. In September, the company produced 35,000 tons at a cost of $950,000. Using only these two data points, use the high-low method to calculate the following:

Using thh.e high-low method, calculate the variable cost per unit.

Using the high-low method, calculate the total fixed costs? Write out the cost formula for the monthly production.

Using your formula, estimate costs if 42,000 tons of production are expected for the coming month

Help and explain please

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