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Runaround Corporation sells running shoes and during January they ran production machines for 29,000 hours total and incurred $11,000 in maintenance costs. During July they
Runaround Corporation sells running shoes and during January they ran production machines for 29,000 hours total and incurred $11,000 in maintenance costs. During July they ran production machines for 10,000 hours total and incurred $8,800 in maintenance costs. Based on this data, what are the fixed costs? (Round intermediary calculations to the nearest cent.) O A. $24,480 O B. $11,000 O C. $8,800 O D. $7,520
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