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At the high level of activity in November, 9000 machine hours were run and power costs were $20000. In April, a month of low activity,

At the high level of activity in November, 9000 machine hours were run and power costs were $20000. In April, a month of low activity, 4000 machine hours were run and power costs amounted to $11000. Using the high-low method, the estimated fixed cost element of power costs is

$3800.

$20000.

$16200.

$11000.

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