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Deines Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres Driven Total Cost Kilometres Driven Total Cost $12,130
Deines Company accumulates the following data concerning a mixed cost, using kilometres as the activity level: Kilometres Driven Total Cost Kilometres Driven Total Cost $12,130 January 8,600 $14,650 March 4.750 February 7.570 13,800 April 8,750 Calculate the fixed cost element using the high-low method. Ignore the money sign. 17,410
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