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Calculate the future expected purchase costs

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Question 1: The computer in Melissa's office is down and Melissa has been asked to immediately provide an equation to estimate the future purchase cost for part # 4599. Melissa grabs a calculator and uses the high-low method to estimate a cost equation. What equation does she get?

Question 2: Using the equation from requirement 1, calculate the future expected purchase costs for each of the last three months of the year.

Reference no: EM132633839

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