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Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total

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Exercise 11-5 The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Maintenance Costs Month January February March April May June $7,015 8,000 11,100 14,375 9,450 14,620 Total Machine Hours 4,550 5,200 7,800 10,270 6,500 10,400 x Your answer is incorrect. Try again. Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: APPLIED SKILLS x Your answer is incorrect. Try again. Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.) Fixed costs

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