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Saved Help S The following information is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 100

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Saved Help S The following information is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 100 $ 3,950 July 190 5, 390 August 110 4, 110 September 140 4, 590 October 200 5,550 November 230 6, 030 December 50 3, 150 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per unit produced Total cost at the high point Variable costs at the high point: Volume at the high point: Variable cost per unit produced Total variable costs at the high point Total fixed costs Total cost at the low point Variable costs at the low point: Volume at the low point: Variable cost per unit produced

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