Business, 08.10.2020 02:01 VgCarlos2596

Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspection Costs April 922 $ 17,912 May 983 $ 18,300 June 928 $ 17,965 July 912 $ 17,810 August 934 $ 17,994 September 919 $ 17,880 October 936 $ 18,032 November 876 $ 17,290 December 915 $ 17,838 Management believes that inspection cost is a mixed cost that depends on units produced. Using the high-low method, the estimate of the fixed component of inspection cost per month is closest to: (Round your intermediate calculations to 2 decimal places.)

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Inspection costs at one of Ratulowski Corporation's factories are listed below: Units Produced Inspe...

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