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Please provide solution in excel file whenever possible . Big thanks. 3. (20 points) The Tagen Company has estimated costs for the following monthly production
Please provide solution in excel file whenever possible . Big thanks.
3. (20 points) The Tagen Company has estimated costs for the following monthly production levels: Production volume (units) 500 1.000 1500 Cost A Cost B Cost C Cost D Cost E Cost F Cost G Cost H Total manufacturing costs $10,000 $20,000 $30,000 16,000 16,000 16,000 18,000 22,000 26,000 12,000 12,000 12,000 30,000 45,000 60,000 25,000 25,000 25,000 16,000 32,000 48,000 10,000 15,000 20,000 $137,000 $187,000 $237,000 Required: a. Identify each cost as a variable, fixed, or mixed cost. Cost A Cost B Cost C Cost D Cost E Cost F Cost G Cost H b. Measure the following equation using the high-low method (hint: use the total manufacturing costs and units from the first and third columns.): Total manufacturing costs = a + b (units)Step by Step Solution
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