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Use the high - low method to determine the variable and fixed costs components of Montrose Oil and Lube's operating cost equation. First identify the
Use the highlow method to determine the variable and fixed costs components of Montrose Oil and Lube's operating cost equation. First identify the formula and calculate the variable cost component slopeRound your answer to the nearest cent. Change in costs Change volume Variable cost per unit Data table
Use the highlow method to determine the variable and fixed costs components of Montrose Oil and Lube's operating cost equation.
First identify the formula and calculate the variable cost component slopeRound your answer to the nearest cent.
Change in costs
Change volume Variable cost per unit
Data table
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