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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 180 $ 10,900 July
The following information is available for a company's maintenance cost over the last seven months. Month Units Produced Maintenance Cost June 180 $ 10,900 July 360 13,800 August 240 10,200 September 300 12,000 October 420 13,800 November 480 16,200 December 120 7,200 Using the high-low method, the variable component of its maintenance cost is
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