Question: Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost.

Evander Inc. has decided to use the high-low method to estimate

Evander Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: a. Determine the variable cost per unit and the total fixcd cost. Variable cost Total foxed cost 3 b. Bared on part (a), estimate the total cost for 3,400 units of produstion. Total coot for 3,400 units 5

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