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Diamond Company's total overhead costs at various levels of activity are presented below: Machine hours Total overhead costs March 60,000 $216,800 April 50,000 194,000 May
Diamond Company's total overhead costs at various levels of activity are presented below: Machine hours Total overhead costs March 60,000 $216,800 April 50,000 194,000 May 70,000 239,600 June 80,000 262,400 Assume that the overhead costs above V = Variable, F = Fixed, M = Mixed The company wants to break down the maintenance cost into its basic variable and fixed cost elements. Estimate the maintenance cost for June
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