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Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost.
Tashiro Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 5,890 $478,800 2,090 307,800 3,750 353,970 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) $fill in the blank 1 per unit Total fixed cost $fill
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