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8. Maintenance costs at a Whetsel Corporation factory are listed below: Machine-Hours Maintenance Cost March 3,157 48,548 April, 3,080 47,830 May 3,135 48,340 June 3,065
8. Maintenance costs at a Whetsel Corporation factory are listed below: Machine-Hours Maintenance Cost March 3,157 48,548 April, 3,080 47,830 May 3,135 48,340 June 3,065 47,720 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Use the high-low method to estimate the maintenance cost for the month of July assuming a level of activity of 3,150 machine-hours. IS (4 Points) 48,485 48,480 48,483 48,488
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