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21. Create the total cost equation based on the figures shown below using the high-low method. (3 pts) Total Hours Total Costs 690 4,500.00
21. Create the total cost equation based on the figures shown below using the high-low method. (3 pts) Total Hours Total Costs 690 4,500.00 700 5,500.00 400 3,200.00 500 3,600.00 300 2,700.00 350 3,000.00
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Variable cost per hour can be computed as High total cost Low total cost High total hours Low tota...
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
