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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.
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: Cost Units Produced 7,550 8,450 8,100 6,400 9,000 6,950 $35,370 37,276 36,526 31,966 38,726 33,366 X Company estimates that 10,000 units will be produced in July. What are estimated total overhead costs for July
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