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Byrnes Company accumulates the following data concerning a mixed cost, using units produced as the activity level.
Units Produced
Total Cost
March
9,800
$14,740
April
8,500
13,250
May
7,000
11,100
June
7,600
12,000
July
8,100
12,460
(a) Compute the variable and fixed cost elements using the high-low method.
(b) Estimate the total cost if the company produces 6,000 units.
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