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Question 1 (0.72 points) Runaround Corporation sells running shoes and during January they ran production machines for 20,000 hours total and incurred $9,000 in maintenance
Question 1 (0.72 points) Runaround Corporation sells running shoes and during January they ran production machines for 20,000 hours total and incurred $9,000 in maintenance costs. During July they ran production machines for 14,000 hours total and incurred $7,200 in maintenance costs. Based on this data using the high-low method, what are the fixed costs? Question 1 options: $6,000 $3,000 $9,000 $57,600
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