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please no hand writing or picture Q2. The following data has been...

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Accounting

please no hand writing or picture

Q2. The following data has been taken from the records of ABC Company for the year 2015: (1 Marks)

Month

Units Produced

Total Cost (SAR)

January

3,500

35,500

February

3,750

35,750

March

4,000

36,000

April

4,250

36,250

May

4,500

38,000

June

4,750

43,000

July

2,750

32,000

August

3,250

32,500

Required:

Using the high-low method of analysis, find out variable cost, fixed cost and determine a cost function.

Answer:

Answer & Explanation Solved by verified expert
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