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ABC Inc. is trying to determine a cost equation for it's maintenance costs. The first three months of operations show the following data: Month OCT

ABC Inc. is trying to determine a cost equation for it's maintenance costs. The first three months of operations show the following data: Month OCT NOV DEC Machine Hours (X) 491 284 Maintenance 300 Costs (Y) $630 $531 $500 Using high-low method, what is the total variable cost for January if Machine hours are 480 hours

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