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Brief Exercise 22-05 a1-a2 Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost Units Produced
Brief Exercise 22-05 a1-a2 Crane Corp. has collected the following data concerning its maintenance costs for the past 6 months. Total Cost Units Produced July 19,960 $46,020 August 35,488 53,232 September 39,924 60,995 October 24,398 48,965 November 44,360 82,620 December 42,142 68,758 Compute the variable cost per unit using the high-low method. (Round answer to 2 decimal places, e.g. 2.25.) Variable cost per unit $ Compute the fixed cost elements using the high-low method. Fixed costs $ Click if you would like to Show Work for this question: Open Show Work
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