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Based on the following information, calculate fixed costs per month using the high-low method. Cost Machine Hours May $56,000 22,000 June 76,000 32,000 July

 

Based on the following information, calculate fixed costs per month using the high-low method. Cost Machine Hours May $56,000 22,000 June 76,000 32,000 July 58,000 26,000 August 66,000 24,000 a. $12,000 b. $10,000 c. $9,000 d. $11,000

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