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The Macon Company uses the high - low method to determine its cost equation. The following information was gathered for the past year: Machine Hours

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year:
Machine Hours Direct Labor Costs
Busiest month (June)20,000 $ 250,000
Slowest month (December)8,000 $ 127,000
What are the direct labor costs per machine hour?

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