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Pharoah Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 20,160 $40,320 August 35,840
Pharoah Corp. has collected the following data concerning its maintenance costs for the past 6 months. Units Produced Total Cost July 20,160 $40,320 August 35,840 53.760 September 40,320 61,600 October 24,640 42.560 November 44,800 83,440 December 42,560 69,440 (1) Your answer is correct. Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, eg. 2.25.) Variable cost per unit 1.75 eTextbook and Media Attempts: 1 of 3 (a2) Compute the fixed cost elements using the high-low method. Fixed costs $
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