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20 2 points 02:10:56 Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records

20 2 points 02:10:56 Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records disclosed the following costs and volume measures: Highest Lowest Cost per month Machine hours $42,000 $34,000 46,000 30,000 Using the high-low technique, estimate the annual fixed cost for maintenance expenditures:

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