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M5-17 (Algo) Estimating Cost Behavior Using High-Low Method [LO 5-3] Baker Company produced 2,300 units in May at a total cos

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Answer #1

Fixed Cost = Total Cost - Variable Cost

Fixed Cost = $ 10,600 - (2,300 * $3.24)

Fixed Cost = $ 10,600 - $ 7,452

Fixed Cost = $ 3,148

Ans :

Variable Cost per unit = $ 3.24

Fixed Cost = $ 3,148

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