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please solve 30 min left Platinum, Co. operates a chain of fitness centers in Kuwait. The cost analyst is trying to determine the firm's equipment
please solve 30 min left
Platinum, Co. operates a chain of fitness centers in Kuwait. The cost analyst is trying to determine the firm's equipment maintenance costs. Hours of maintenance Service (x) Maintenance Costs (Y) January 553 1621 622 1700 February March 700 1960 April 560 1 600 454 1354 May June 400 1 300 Use the high-low method to estimate the variable costs per hour of maintenance service, and the total fixed costs. Required: Explain all your steps / calculations details in the box below, or upload your answers as an attachment. (the grade will be distributed based on each step) Step by Step Solution
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