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Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Cost Machine Hours
Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month.
| Cost | Machine Hours | |
| January | $82,980 | 9,700 |
| February | 145,880 | 18,200 |
| March | 101,080 | 12,100 |
| April | 120,200 | 14,700 |
a.$9,000
b.$19,000
c.$35,800
d.$11,200
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No Nonsense Employee Retention Audit
Authors: Jeff Kortes
1st Edition
0988307014, 978-0988307018
