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Solution is Total cost=21666.67 + 16.67Q What are the steps to that solution? Given the following data, use the High-Low Method to develop a Total
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Given the following data, use the High-Low Method to develop a Total Costs Equation. Hint: When there is a tie for highest volume, choose the month with highest cost. When there is a tie for lowest volume, choose the month with lowest cost Total cost=21666.67 + 16.67Q
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