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Moresan Co. gathered the following information on power costs and factory machine usage for the last six months: Using the high-low method of analyzing costs,
Moresan Co. gathered the following information on power costs and factory machine usage for the last six months: Using the high-low method of analyzing costs, answer the following questions and show computations to support your answers. (a) What is the estimated unit variable costs per factory machine hour? (Round answer to 2 decimal ploces, eg. 15.25) Variable power costs per factory machine hour
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