Question: 1 Taha Company is developing a cost function for its total costs using the high-low method. The following data have been collected for the past

1 Taha Company is developing a cost function for its total

1 Taha Company is developing a cost function for its total costs using the high-low method. The following data have been collected for the past year: Quarter Units Total Costs 5,000 $ 745 2 6,500 820 3 7,000 850 4 8,000 1,000 Calculate the following amounts: a. The variable cost per unit b b. The fixed cost C. The estimated total cost for 9,000 units O 696 7:10 PM Leave a Comment >

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