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CleanEnergy Corp, a renewable energy provider, wants to evaluate its maintenance costs related to wind turbine hours. Data Overview: Month 1: Total Costs: $120,000, Turbine

    • CleanEnergy Corp, a renewable energy provider, wants to evaluate its maintenance costs related to wind turbine hours.
    • Data Overview:
      • Month 1: Total Costs: $120,000, Turbine Hours: 600
      • Month 12: Total Costs: $180,000, Turbine Hours: 900
    • Required Analysis:
      • Determine the variable cost per turbine hour and fixed costs using the High-Low Method.
      • Develop a cost equation.
      • Estimate the total costs for 1,000 turbine hours.
      • Discuss the potential impact of technological advancements on maintenance costs.

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