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21 ABC Company has accumulated the following data for the cost of maintenance cost on its machinery for the last four months Month Maintenance Cost
21 ABC Company has accumulated the following data for the cost of maintenance cost on its machinery for the last four months Month Maintenance Cost Machine Hours September $26,020 21,000 October $24,600 18,500 November $22,300 15,000 December $25,100 19,000 using the high-low method of analysis, the fixed cost component of maintenance would be estimated to be
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