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Given the following cost and activity observations for ABC Companys utilities, use the high low method to calculate ABC fixed utilities costs per machine hour.
Given the following cost and activity observations for ABC Companys utilities, use the high low method to calculate ABC fixed utilities costs per machine hour. Cost Machine Hours March $17,200 2,100 April $14,800 1,300 May $16,300 1,900 12,000 5,700 6,300 10,900
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