Harbor Images has collected the following cost data for various levels of activity: Month August September...
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Harbor Images has collected the following cost data for various levels of activity: Month August September October November 31 Images Created 5,600 7,350 7,700 4,100 Total Cost $ 5,620 6,240 8,474 5,090 Required: a. Using the high-low method, determine the variable cost per image created and the total fixed cost per month. Note: Round your variable cost to 2 decimal places. b. Estimate the total cost when 6,100 images are created. Note: Do not round your intermediate calculations. a. Variable Cost a. Fixed Cost b. Total Costs per image per month Harbor Images has collected the following cost data for various levels of activity: Month August September October November 31 Images Created 5,600 7,350 7,700 4,100 Total Cost $ 5,620 6,240 8,474 5,090 Required: a. Using the high-low method, determine the variable cost per image created and the total fixed cost per month. Note: Round your variable cost to 2 decimal places. b. Estimate the total cost when 6,100 images are created. Note: Do not round your intermediate calculations. a. Variable Cost a. Fixed Cost b. Total Costs per image per month
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