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During the most productive month of the year for the Equipment Maintenance Dept. of Kason Inc, 2,100 machines were maintained at a total cost of
During the most productive month of the year for the Equipment Maintenance Dept. of Kason Inc, 2,100 machines were maintained at a total cost of $61,500. In its slowest month, 750 machines were serviced at a total cost of $41,250. Using the high-low method of cost estimation, what is the total variable cost at the 2,100 level of operations Equipment Maintenance Dept.?
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