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Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below: Machine-hours Highest observation of cost driver

Quantum Company uses the high-low method to estimate the cost function. The information for 2017 is provided below: Machine-hours Highest observation of cost driver Lowest observation of cost driver 400 100 What is the slope coefficient? Labor Costs $20,000 $8,000

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