Take me to the text Banner Food Processing prepares ready-to-eat meals. At Banner, the cost...
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Take me to the text Banner Food Processing prepares ready-to-eat meals. At Banner, the cost of prepared meals has a fixed component and a variable component related to the number of meals prepared. The cost and number of meals prepared at the kitchen for the past seven months are provided below. Month Number of Prepared Meals Cost of Meals June 372 $1,558 July 764 $2,997 August 231 $1,041 September 576 $2,307 October 352 $1,485 November 530 $2,138 December 1,146 $4,398 Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Using the high-low method, What would be the expected cost of meals prepared for a month in which 605 meals are prepared? Variable Cost per Unit: Fixed Cost: Total Cost Incurred
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