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Business, 17.10.2019 17:30 kesmith73

Williams inc. produces fluorescent lightbulbs for commercial use. the accounting manager is attempting to estimate the total cost for the next quarter using the high-low method. he has compiled data and found the high and low costs are $92,500 and $60,100, respectively, and the associated cost drivers are 7,000 and 3,400 packs, respectively. what is the value for b (the variable cost per unit)? what is the value for a (the fixed quantity)?

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