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QS 2 1 - 4 Cost behavior estimation - high - low method LO P 1 . The following information is avaliable for a company's
QS Cost behavior estimationhighlow method LO P
The following information is avaliable for a company's maintenance cost over the last seven months.
tableMonthUnits Produced,Maintenance CostJuneJulyAugustSeptemberOcioberNovemberDecember
Using the highlow method, estimate both the fixed and variable components of its maintenance cost.
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