Question: High-Low Method to Determine Fixed Cost and Variable Rate Dohini Manufacturing Company had the following 12 months of data on purchasing cost and number of

Company had the following 12 months of data on purchasing cost and

High-Low Method to Determine Fixed Cost and Variable Rate Dohini Manufacturing Company had the following 12 months of data on purchasing cost and number of purchase orders. Number of Purchasing Cost Month Purchase Orders January $18,860 370 February 18,065 330 March 19,250 370 April 18,050 410 May 19,345 400

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