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(Solved): Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed, and v ...
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed, and variable cost components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fixed cost. Variable cost: (Round to the nearest dollar)) Total fixed cost: per unit b. Based on part (a)), estimate the total cost for 2,660 units of production. Total cost for 2,660 units:
Expert Answer
A. High low method variable and fixed cost A. ) Variable cost high total