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QUESTION 1 Below are information extracted from the records of room sold at the La Habow Palace Hotel: Month Units Wage Costs (RM) July 800
QUESTION 1 Below are information extracted from the records of room sold at the La Habow Palace Hotel: Month Units Wage Costs (RM) July 800 17,500 1,500 23,800 1,800 August September October November 25,500 22,000 1,200 700 16,300 Using the maximum-minimum method, answer the questions below: a) What is the minimum and maximum month? b) How much is the variable cost per unit? c) How much is the fixed cost for the maximum month? d) How much is the variable cost for the minimum month? e) How much is the total fixed cost for the five months operation
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