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In the Sheridan, maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance costs are $300. At the
In the Sheridan, maintenance costs are a mixed cost. At the low level of activity (40 direct labor hours), maintenance costs are $300. At the high level of activity (500 direct labor hours), maintenance costs are $2750. Using the high-low method, what is the variable maintenance cost per unit and the total fixed maintenance cost?
Variable Cost Per Unit= | Total Fixed Cost= |
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