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ECUW Companys high and low level of activity last year was 60,000 units of product produced in April and 40,000 units produced in November. Machine
ECUW Companys high and low level of activity last year was 60,000 units of product
produced in April and 40,000 units produced in November. Machine maintenance costs
were $198,000 in May and $148,000 in November.
Using the high-low method, determine an estimate of total maintenance cost for a month
in which production is expected to be 47,000 units.
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