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The following information is available for a company's maintenance cost over the last seven months. 7 Month Units Produced Maintenance Cost June 110 $ 4,510

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The following information is available for a company's maintenance cost over the last seven months. 7 Month Units Produced Maintenance Cost June 110 $ 4,510 July 170 5,950 August 130 4,990 September 160 5,710 October 220 7, 150 5 November 250 7,870 points December 70 3,550 8 01-14:32 Using the high-low method, estimate both the fixed and variable components of its maintenance cost. High-Low method - Calculation of variable cost per unit produced THE Show All Items Total cost at the highest volume Variable costs at highest volume: Highest volume Variable cost per unit produced Total variable costs at highest volume Total fixed costs Total cost at the lowest volume Variable costs at lowest volume: Mc

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