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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: Busiest month (June) slowest

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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: Busiest month (June) slowest month (December) Machine Hours 20,000 5,000 Direct Labor costs $295,000 $118,000 What are the direct labor costs per machine hour

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