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From your readings and videos, you learned about cost estimation using the high low method. A company has captured two sets of data to estimate

image text in transcribed From your readings and videos, you learned about cost estimation using the high low method. A company has captured two sets of data to estimate maintenance cost. Using the information below, estimate total maintenance should activity level reach 8,700 machine hours. Machine Hours Maintenance Cost per Machine Hour Hi 10,000 $0.20 Low 8,000 $0.25 Select one $500 Ob $3450 Os $2.000 O a $2.450 O $1.000

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