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Gribble Company's high and low level of activity last year was 64,350 units of product produced in May and 23,629 units produced in November. Machine
Gribble Company's high and low level of activity last year was 64,350 units of product produced in May and 23,629 units produced in November. Machine maintenance costs were $107,092 in May and $50,000 in November. Using the high-low method, an estimate of the total maintenance cost for a month in which production is expected to be 49,090 units is $
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