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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. Tog for
Felinas Inc. produces floor mats for cars and trucks. The owner, Kenneth Felinas, asked you to assist him in estimating his maintenance costs. Tog 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 $3,280 2,280 3,470 2,380 3,650 2,480 3,780 2,510 3,780 2,360 4,000 2,500 3,770 2,500 3,589 2,47 3,300 2,290 2,960 2,160 11 2,860 1,750 3,840 2,150 Using the high-low method, total monthly fixed cost is calculated to be 0 0 C
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