Question: E7.6 Given the following information, determine variable cost per dollar of sales revenue and the total fixed costs, using both the high and low data

E7.6 Given the following information, determine variable cost per dollar of sales revenue and the total fixed costs, using both the high and low data to confirm your calculations. The high total sales revenue was $28,000 and the low sales revenue was $23,000. The high and low operating costs were $20,000 and $17,000, respectively.

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