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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

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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 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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