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Mixed Costs Using High/Low Method
RZ Players accumulated the following production and overhead cost data for the past five months related to its production of cell phones:
Required:
Round your answers to the nearest cent, if necessary. Use your rounded variable cost per unit for sequential calculations.
A. Use the high/low method to calculate the variable cost per unit and fixed costs for RZ Players.
What are estimated total costs for production of 32,550 cell phones?
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