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High-low technique to estimate the variable cost

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For each of the different costs given below, indicate whether it is a variable, fixed, or mixed cost. Use the high-low technique to estimate the variable cost per unit and the total fixed costs for each.

Cost

500 hours

600 hours

A

$ 450

$ 450

B

300

350

C

250

300

D

1200

1400

E

100

120

F

1000

1000

G

750

900

H

44

50

Reference no: EM13496473

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