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Love Corporation reports the following cost information: Total Cost. Machine Hours January: $2,100,000 $3,100 February: $1,900,000 $2,700 March: $1,200,000 $1,100 A) using the high-low method,
Love Corporation reports the following cost information:
Total Cost. Machine Hours
January: $2,100,000 $3,100 February: $1,900,000 $2,700 March: $1,200,000 $1,100
A) using the high-low method, estimated variable costs per hour are?
B) using the high-low method, estimated fixed costs are?
C) using the high-low method, estimate total costs if love corporation runs 3,400 machine hours in April.
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