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Waterway Industries collected the following production data for the past quarter: Units Total Month Produced Cost March 5500 $203000 April 4500 176000 May 4000
Waterway Industries collected the following production data for the past quarter: Units Total Month Produced Cost March 5500 $203000 April 4500 176000 May 4000 158000 If Waterway uses the high-low method to project costs for the next quarter, what total cost equation will the company use? Total cost $50000+ $27/unit Quantity = Total cost $14000+ $36/unit Quantity = Total cost $38000+ $30/unit Quantity = Total cost $0+ $162/unit x Quantity =
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