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The following data have been extracted from the records ofPuzzle Incorporated:Required:Calculate the missing costs.Calculate the cost formula for mixed cost using thehigh??low method.Calcul begin{tabular}{lrr} &
The following data have been extracted from the records ofPuzzle Incorporated:Required:Calculate the missing costs.Calculate the cost formula for mixed cost using thehighâ??low method.Calcul \begin{tabular}{lrr} & February & August \\ Production level, in units & 8,200 & 12,300 \\ Variable costs & \( \$ 18,860 \) & \( \$ ? \) \\ Fixed costs & \( ? \) & 34,300 \\ Mixed costs & 19,036 & \( 2 answers
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