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Q2 The following data were obtained from the accounting information system of ABC Corporation: Units Total Cost Month Produced January 60 SAR1,533.4 February 50 1,300
Q2 The following data were obtained from the accounting information system of ABC Corporation:
Units Total Cost
Month Produced
January 60 SAR1,533.4
February 50 1,300
March 80 2,000
April 30 833.5
a. Use the data for February and March and the two - point method to determine a cost function.
b. Use the high - low method to determine a cost function.
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