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Question 18 The controller of Gutierrez Industries has collected the following monthly expense data for use in analyz Total Maintenance Total Machine Month Costs
Question 18 The controller of Gutierrez Industries has collected the following monthly expense data for use in analyz Total Maintenance Total Machine Month Costs Hours January $2,680 2,950 February 3,250 4,000 March 3,900 6,400 April 4,560 8,150 May 3,320 5,300 June 5,410 8,200 Determine the variable-cost component using the high-low method. (Round answer to 2 decimal place: Variable cost per machine hour LINK TO TEXT Determine the fixed cost component using the high-low method. Fixed cost I
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