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What is value of the fixed cost for cost estimating quation

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Question - Sanders Bears produces stuffed animals. Sanders is in the process of implementing a cost forecasting system using the high-low method. The variable cost per animal is $2 and the high and low costs used were $80,000 for 30,0000 animals and $40,000 for 10,000 animals. What is the value of the fixed cost for the cost estimating quation?

Reference no: EM131714427

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