Question: Meadow Incorporated uses the high-low method. It had total costs of $298,860 at its lowest level of activity, when 12,700 units were sold. When, at

Meadow Incorporated uses the high-low method. It had total costs of $298,860 at its lowest level of activity, when 12,700 units were sold. When, at its highest level of activity, sales equaled 18,400 units, total costs were $391,200. Meadow would estimate fixed costs as

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