Question: Attawfik 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:

Attawfik 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: Total Quarter Units Costs 1 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. The fixed cost

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