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The following information is available for a companys maintenance cost over the last seven months. Month Units Produced Maintenance Cost June180$ 10,900July36013,800August24010,200September30012,000October42013,800November48016,200December1207,200 Using the high-low
The following information is available for a companys maintenance cost over the last seven months.
MonthUnits ProducedMaintenance CostJune180$ 10,900July36013,800August24010,200September30012,000October42013,800November48016,200December1207,200Using the high-low method, the variable component of its maintenance cost is:
- $30.00 per unit.
- $25.00 per unit.
- $22.50 per unit.
- $16.11 per unit.
- $22.00 per unit.
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