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Business, 24.04.2020 15:41 Annapetrik

Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first, rounding off to the nearest whole cent. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to

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Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low...
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