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Palm, which uses the high-low method, had an average cost per unit of $40 at its lowest level of activity when sales equaled 1,600 units

Palm, which uses the high-low method, had an average cost per unit of $40 at its lowest level of activity when sales equaled 1,600 units and an average cost per unit of $31.00 at its highest level of activity when sales equaled 3,200 units. Palm would estimate fixed costs as:

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