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Morris Co. manufactures office furniture. During the most productive month of the year, 4,500 desks were manufactured at a total cost of $86,625.

Morris Co. manufactures office furniture. During the most productive month of the year, 4,500 desks were manufactured at a total cost of $86,625. In its slowest month, the company made 1,800 desks at a cost of $49,500. Using the high-low method of cost estimation, determine the total fixed costs

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Change level of Activity =4500 - 1800 =2700 units Change... View the full answer

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