Business
Business, 12.02.2020 03:15, yellowsea84

Andy Hiking produces backpacks. In the previous year, its highest and lowest production levels occurred in July and January, respectively. In July, it produced 5,900 backpacks at a total cost of $207,250. In January, it produced 4,400 backpacks at a total cost of $97,000. Using the high/low method, the average variable cost per of producing a backpack was:

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Andy Hiking produces backpacks. In the previous year, its highest and lowest production levels occur...

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