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(Solved): In applying the high-low method, calculate the (A) unit variable cost and (B) fixed cost. When typi ...
In applying the high-low method, calculate the (A) unit variable cost and (B) fixed cost. When typing your responses, do NOT include a dollar sign. For example, if your answer is \( \$ 10,000 \), you should be typing 10,000 or \( 10,000.00 \) without any dollar sign.
Expert Answer
(A). Unit Variable Cost= $2.50 per unit. (B). Fixed Cost= $50,000. Using the high-low method. ~Unit Variable Cost=