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Crane Co. gathered the following information on power costs and factory machine usage for the last six months: Factory Machine Month Power Cost Hours January
Crane Co. gathered the following information on power costs and factory machine usage for the last six months: Factory Machine Month Power Cost Hours January $24,820 14,100 February 31,008 18,000 March 29.410 17,000 April 22,750 13,400 May 20,320 11,800 June 17,300 8,800 Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (b) What is the estimated fixed power cost each month? Fixed power costs Save for Later High Low Attempts: 0 of 1 used Subra
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