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Crane Companys high and low level of activity last year was 70000 units of product produced in May and 24000 units produced in November. Machine
Crane Companys high and low level of activity last year was 70000 units of product produced in May and 24000 units produced in November. Machine maintenance costs were $167000 in May and $65800 in November. Using the high-low method, determine an estimate of total maintenance cost for a month in which production is expected to be 54000 units.
$146150
$131800
$128550
$154000
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