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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 Direct Hours

The Macon Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Direct Hours Labor Costs Busiest month (June) 13,000 $260,000 Slowest month (December) 5,000 $128,000 What are the direct labor costs per machine hour? Multiple Choice $21.56 $20.00. $25.60. $16.50.

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