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Question 2 The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total

Question 2 The controller of Ivanhoe Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Total Month Maintenance Costs Machine Hours anuary February March April May une $2,630 2,930 3,530 4,430 3,130 5,230 340 390 540 650 540 740 (a2) Determine the fixed cost components using the high-low method. Total fixed costs

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