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The following are the number of units produced and total cost of production of Company ZYX for the first three months of the year: 100,000

The following are the number of units produced and total cost of production of Company ZYX for the first three months of the year:

  • 100,000 units @ $1,650,000
  • 125,000 units @ $2,050,000
  • 90,000 units @1,490,000

Using the high-low method, how much is the fixed cost per month?

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