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Silver Products has collected the following cost data for various levels of activity over the...

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Accounting

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Silver Products has collected the following cost data for various levels of activity over the past eight months of operations: Required: a. Using the high-low method, calculate the total fixed cost per month and variable cost per unit. Note: Round your variable cost to 2 decimal places. b. What would the total cost be for a month with 5,300 units produced? Note: Do not round intermediate calculations

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