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 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 fixed cost. variable cost 1 Total foxed cost $ b. Based on part (a), estimate the total cost for 1,510 units of production. Total cost for 1,510 units 1 x
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