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Records from previous periods show the following relationship between machine hours and maintenance costs: Maintenance Machine hours costs 15,600 29,150 9:49 13,000 30,050 11,200
Records from previous periods show the following relationship between machine hours and maintenance costs: Maintenance Machine hours costs 15,600 29,150 9:49 13,000 30,050 11,200 24,400 18,600 31,800 Source: adapted from Chartered Institute of Management Accountants, Paper Pl Performance Evaluation Required: using High-Low method The estimated maintenance costs for 28,000 machine hours are
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