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The following information is available for a company's maintenance cost over the last seven months. Month Unita Produced Maintenance Cost June 90 4,590 July
The following information is available for a company's maintenance cost over the last seven months. Month Unita Produced Maintenance Cost June 90 4,590 July 150 7,110 August 110 5,430 September 140 6,270 October 200 7,950 November 230 8,790 December 50 3,750 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method-Calculation of variable cost per maintenance hour
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