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The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total
The controller of Cullumber Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $3,192 4,230 February 3,627 4,836 March 4,352 7,254 April 5,210 9,551 May 3,869 6,045 June 5,368 9,670 (a1) Your answer is incorrect. Determine the variable-cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour +A $ 1500
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