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The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Hours 3,874
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Hours 3,874 4,428 6,642 8,745 5,535 8,856 Total Maintenone Costs Machine MonthMaintena January February March 2,922 3,321 3,985 4,981 3,542 5,114 May June Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Determine the fixed cost components using the high-low method. (Round ansiver to o decimal places e.g. 2,520.) Fixed costs Click if you would like to Show Work for this question: Open Show Work
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