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Tashiro Inc. has decided to use the high-lowe method to estimate the total cost and the feed and variable cost components of the total cost.
Tashiro Inc. has decided to use the high-lowe method to estimate the total cost and the feed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 5.945 $700,290 1.845 450,180 3.560 471,690 a. Determine the variable cost per unit and the total cost per unit Variable cost (round to two decimal places.) Totalfred cout b. Based on part (a). estimate the total cost for 3.000 units of production Total cost for 2,800 unit
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