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Starwood Company's high and low level of activity last year was 65,000 units of product produced in June and 20,000 units produced in December. Machine
Starwood Company's high and low level of activity last year was 65,000 units of product produced in June and 20,000 units produced in December. Machine maintenance costs were $500,000 in June and $207,500 in December. Using the high-low method, determine an estimate of fixed cost for a month. $77,500 $90,000 $45,000 $292,500
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