Sanders Bears produces stuffed animals. Sanders is in the process of implementing a cost forecasting system using
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Sanders Bears produces stuffed animals. Sanders is in the process of implementing a cost forecasting system using the high-low method. The variable cost per animal is $2 and the high and low costs used were $80,000 for 120,000 animals and $40,000 for 100,000 animals. What is the value of the fixed cost for the cost estimating equation?
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Raunak Sharma
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Related Book For 
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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