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Total production costs and output over three months have been: Total production costs (RM) Output Month Oct Nov Dec 230,485 254,554 248,755 12,610 units
Total production costs and output over three months have been: Total production costs (RM) Output Month Oct Nov Dec 230,485 254,554 248,755 12,610 units 14,870 units 14,350 units Required: a) What are the estimated variable production costs per unit if the high-low method is applied? b) Calculate the total fixed cost in December. (2 marks) (3 marks)
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a To calculate the estimated variable production costs per unit using the highlow method wel...
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Operations Management
Authors: William J Stevenson, Mehran Hojati, James Cao
6th Canadian Edition
1259270157, 978-1259270154
