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The following information is available for a company s maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 1 0 0
The following information is available for a companys maintenance cost over the last seven months.
Month Units Produced Maintenance Cost
June $
July
August
September
October
November
December
Using the highlow method, estimate both the fixed and variable components of its maintenance cost.
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Step: 2
Step: 3
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