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X Company estimates that 9,400 units will be produced in July. What are estimated fixed overhead costs for July? round variable costs per unit to
X Company estimates that 9,400 units will be produced in July. What are estimated fixed overhead costs for July? round variable costs per unit to two decimal place
X Company's accountant uses the high-low method to determine the parameters of the company's monthly overhead cost function, with units produced as the independent variable. She has the following past monthly observations to work with: Units Produced 6,500 6,900 7,550 7,950 8,450 9,100 Cost $31,517 32,817 35,348 35,737 36,837 37,887 X Company estimates that 9,400 units will be produced in July. What are estimated fixed overhead costs for July (round variable costs per unit to two decimal places)? OA: $9,563 OB: $10,806 Oc: $12,211 OD: $13,798 OE: $15,592 OF: $17,619 A Tries 0/99Step by Step Solution
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