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Sunland, Inc., has collected the following information on its cost of electricity: ( a ) Identify the high and low points. Machine Hours High point
Sunland, Inc., has collected the following information on its cost of electricity:
a
Identify the high and low points.
Machine Hours
High point
Low point
$
Using the highlow method, compute the variable cost of electricity per machine hour. Round unit cost to decimal places,
eg
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