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Determine the estimated total fixed cost

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Question - The following information is available for a company's cost of sales over the last four months.

Month

Units Sold

Total Costs

January

530

$29,800

February

770

$35,500

March

1,450

$47,500

April

2,530

$59,500

Required - Using the high-low method, determine the estimated total fixed cost?

Reference no: EM133121483

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