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The following information is taken from Sweepy Broom Manufacturing Company Number of brooms Total production Cost produced 9800 7000 8000 7500 10100 9000 10500
The following information is taken from Sweepy Broom Manufacturing Company Number of brooms Total production Cost produced 9800 7000 8000 7500 10100 9000 10500 11600 10600 8500 12100 11000 Required: Using the High-Low Method, determine the following: a. The variable production cost per unit b. The total fixed production cost c. The expected production cost to produce 12000 & 7300 brooms. Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec $17100 $15000 $16000 $15500 $17200 $17000 $19000 $20000 $18200 $16800 $20500 $18000
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Microeconomics Principles, Problems and Policies
Authors: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn
20th edition
978-0077660819, 77660811, 978-1259450242
