Peppers Lockdown produces keys for homes and cars. As Peppers planned for next years production, the company
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Peppers Lockdown produces keys for homes and cars. As Peppers planned for next year’s production, the company decided to implement a high-low system to forecast future costs. With total production of 2,500,000 keys at a total cost of $10,000 in 2018, and total production of 3,000,000 keys at a total cost of $20,000 in 2019, what is the variable cost per key?
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Related Book For
Cost Management A Strategic Emphasis
ISBN: 9781259917028
8th Edition
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
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