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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 $81,820 9,600 February 144,460 18,300 March 103,080 12,500 April 120,230 14,900 a.$21,600 b.$40,600 c.$10,200 d.$12,700

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