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Question - Hardigree Insurance has collected the following information over the last six months.
Month
Units produced
Total costs
March
2,000
$6,700
April
3,200
9,400
May
2,200
7,100
June
3,000
9,500
July
2,800
8,000
August
2,100
6,600
Using the high-low method, how much is the total fixed cost?
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