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  3. 2) lucki boi ltd. is a well-established company wh

2) Lucki Boi Ltd. is a well-established company which manufactures pet accessories. One of its...

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Accounting

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2) Lucki Boi Ltd. is a well-established company which manufactures pet accessories. One of its most popular products is a bark collar. Over the past five months, the company has accumulated the following data relating to the production of the collars: Using this dataset, perform the following tasks: a. Demonstrate that the cost is a mixed cost [3 marks] b. Using the high-low method: i. Calculate the variable cost per unit [3 marks]] ii. Calculate the fixed cost component [3 marks] iii. Write the equation for the cost function [1 mark] 2 iv. Sketch the cost curve (not to scale) [4 marks]

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Accounting