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The following information is available for a company's cost of sales over the last five months. Month January February March April Units sold 500 900

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The following information is available for a company's cost of sales over the last five months. Month January February March April Units sold 500 900 2,100 2,500 Cost of sales $35,000 $42,000 $54,000 $66,000 Using the high-low method, the estimated total fixed cost is: Multiple Choice $31,000. $16,083 $54,500. $109,000

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