Question: Question 18 The following data has been extracted from the records of ANC Company: Month Units January 4,000 February 4.500 March 5,250 April 5.500 May
Question 18 The following data has been extracted from the records of ANC Company: Month Units January 4,000 February 4.500 March 5,250 April 5.500 May 4,750 lune 5.000 Total cost (SAR) 54,500 55,000 59,000 60 500 58,000 58,500 Using High-low method, find out: a. Variable cost b. Fixed cost (using highest units and highest total cost) c. Cost function using the high-low method.
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