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Question 16 At the high level of activity n November. 7,830 machine hours were run and power costs were $16,000. In April, a month of

Question 16

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At the high level of activity n November. 7,830 machine hours were run and power costs were $16,000. In April, a month of low activity 3,800 machine hours were run and power costs amounted to $12,200. Using the high-low method, calculate the estimated fixed cost element of power costs

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