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At the high level of activity in November, 12000 machine hours were run and power costs were $18000. In April, a month of low activity,

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At the high level of activity in November, 12000 machine hours were run and power costs were $18000. In April, a month of low activity, 4000 machine hours were run and power costs amounted to $9000. Using the high-low method, the estimated fixed cost element of power costs is 13500. $18000. $9000 $4500

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