Business, 14.11.2019 23:31 jackfrost5

Diamond inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. the data for various levels of production are as follows: units produced total costs12,000 $424,00015,000 496,00021,000 640,000a. determine the variable cost per unit and the total fixed cost. variable cost (round to two decimal places.) $ per unittotal fixed cost $b. based on part (a), estimate the total cost for 17,000 units of production. total cost for 17,000 units $

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Diamond inc. has decided to use the high-low method to estimate the total cost and the fixed and var...

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