Estimate the total variable costs

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Question - A stapler manufacturer has the following information available:

 

Units Produced

Manufacturing Costs

Quarter 1

15,000

$88,000

Quarter 2

20,000

$120,000

Quarter 3

18,000

$115,000

Quarter 4

10,000

$69,700

Required - What do you estimate the total variable costs to be for Quarter 3 using the high-low method?

Reference no: EM132559102

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