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Workmen shoes accumulated the following production and cost data for the past 5 months.
i) Using the high/low method calculate the variable cost per unit and the fixed costs for Workmen shoes
ii) What is the cost equation?
iii) What are estimated total overhead costs for production of 1,500 units?
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Example of High - Low Method of Cost Estimation Based on the performance, such you have been provided along with the given information regarding ABC Ltd for the year ended on
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EOQ
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Now assume that it is possible to distinguish consumer types one and two and there are no consumers of type three and the firm can charge a two part tariff. What would the optimal
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