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The management accountant wants to investigate the maintenance costs incurred by the company and has accumulated six months' worth of data. Using the high low

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The management accountant wants to investigate the maintenance costs incurred by the company and has accumulated six months' worth of data. Using the high low method, construct a cost formula for the maintenance cost. (5 marks) What is the total maintenance cost for a quarter assuming 1,720 machine hours are incurred in the quarter

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