Business, 27.05.2021 23:40 tdowling331

Using the high-low method, Company X has determined the variable portion of its cost formula for electricity to be $2 per unit. For the month of July Company X estimates that total electricity cost will amount to $66,000 based on producing 30,000 units. The amount of fixed electricity cost estimated for July is:

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Using the high-low method, Company X has determined the variable portion of its cost formula for ele...

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