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The controller of Ivanhoe Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. table [ [
The controller of Ivanhoe Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs.
tableMonthtableTotalMaintenance CoststableTotalMachine HoursJanuary$FebruaryMarchAprilMayJune
a
Determine the unit variable costs using the highlow method for this mixed cost. Round answer to decimal places eg
Variable cost per machine hour $
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