Question: Question 2 Pls Follow The Instructions! Q2. The following data has been taken from the records of ABC Company for the year 2015: (1 Marks)

Question 2

Pls Follow The Instructions!

Q2. The following data has been taken from the records of ABC Company for the year 2015: (1 Marks) Month Units Produced Total Cost (SAR) January 3,500 35,500 February 3.750 35,750 March 4,000 36,000 April 4,250 36250 May 4,500 38,000 June 4.750 43,000 July 2.750 32.000 August 3,250 32 500 N Required: Using the high-low method of analysis, find out variable cost, fixed cost and determine a cost function

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