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Use the high-low method to determine the variable and fixed costs components of Tasty Catering's operating cost equation. First identify the formula and calculate the
Use the high-low method to determine the variable and fixed costs components of Tasty Catering's operating cost equation. First identify the formula and calculate the variable cost component (slope). (Enter the variable cost per unit to the nearest cent.) +=Variablecostperunit= Next identify the formula and compute the fixed cost component (the vertical intercept) using the costs for the highest level of activ == Complete Tasty Caterings's operating cost equation. y=x+ If Tasty Catering has 915 hours scheduled next month, what is the expected total overhead cost? The total monthly operating costs if Tasty Catering works 915 labor hours is
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