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Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Together Mr.
Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Together Mr. Felinas and you determined that the single best cost driver for maintenance costs was machine hours. Below are data from the previous fiscal year for maintenance expense and machine hours: Maintenance Machine Month Expense Hours 1 $3,400 2,340 2 3,590 2,440 3 3,770 2,540 4 3,900 2,570 5 3,900 2,420 6 4,240 2,590 7 3,890 2,560 8 3,700 2,530 3,420 2,350 10 3,040 2,220 11 2,920 1,830 12 3,160 2,210 9 Using the high-low method, unit variable cost is calculated to be: Using the high-low method, unit variable cost is calculated to be Multiple Choice $213 $168 o $174 51.85 O o $190
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