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Determine the variable cost per unit and total fixed cost

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Tashiro Inc. has decided to use the high-low 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:

Units Produced          Total Costs
4,930                      $365,400
2,030                     234,900
3,060                      252,130

Problem a. Determine the variable cost per unit and the total fixed cost.

Reference no: EM132919952

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