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The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost :

The following information is available for a company's utility cost for operating its machines over the last four months. Month Machine hours Utility cost :

January 950 $ 5,500

February 1,850 $ 7,000

March 2,500 $ 8,100

April 650 $ 3,420

Using the high-low method, the estimated variable cost per machine hour for utilities is:

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