High-Low Method Tashiro Inc. has decided to use the high-low method to estimate...
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Accounting
HighLow Method
Tashiro Inc. has decided to use the highlow 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:
a Determine the variable cost per unit and the total fixed cost.
Variable cost Round to two decimal places.
$
per unit
Total fixed cost
b Based on part a estimate the total cost for units of production.
Total cost for units:
Answer & Explanation
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