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Problem 1 Island Enterprises has presented the following information for the past eight months operations: Month Units Total Cost April 4,000 $17,000 May 3,200 $14,900
Problem 1 Island Enterprises has presented the following information for the past eight months operations: Month Units Total Cost April 4,000 $17,000 May 3,200 $14,900 June 1,400 $11,100 July 2,800 $13,2001 August 3,500 $16,000 September 4,200 $17,400 October 3,900 $16,500 November 3,400 $15,700 a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. b. What would total costs be for a month with 3,000 units produced
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