Required information Problem 18-1A (Algo) Measuring costs using high-low method LO P1 ...

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Accounting

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Problem 18-1A (Algo) Measuring costs using high-low method LO P1
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Alden Company's monthly data for the past year follow. Management wants to use these data to predict future variable
and fixed costs.
Problem 18-1A (Algo) Part 1
Estimate both the variable costs per unit and the total monthly fixed costs using the high-low method.
Note: Do not round intermediate calculations.
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