Calculating High- Low

luci9999 Posts: 1, Reputation: 1

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Jan 14, 2012, 10:46 PM

Calculating High- Low

Georgetown Company's weekly store operating costs for a 10-week period had a value of $300,000 and a low value of $260,000. Sales volumes for the two weeks were $4,000,000 and $3,200,000 respectively. The estimated fixed cost using the high-low method is:

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