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Simone Company has provided the following data for the first five months of the year: Machine Hours Lubrication Cost January 120 $750 February 160 $810

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Simone Company has provided the following data for the first five months of the year: Machine Hours Lubrication Cost January 120 $750 February 160 $810 March 200 $870 April 150 $795 May 170 $825 Using the high-low method of analysis, the estimated variable lubrication cost per machine hour is closest to? Using the high-low method of analysis, the estimated monthly fixed component of lubrication cost is closest to? If the machine hours is estimated to be 175 hours what is the total cost anticipated using the cost equation o Type here to search o

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