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Valle Crucis Cabins has 7 units for rent. In July, all units were rented for all 31 days of the month. The July utility bill
Valle Crucis Cabins has 7 units for rent. In July, all units were rented for all 31 days of the month. The July utility bill was $2,340. In February, 5 cabins were rented for 10 days each. The February utility bill was $670. In April, 6 cabins were rented for 14 days each and the monthly utility bill was $980. Use the high-low method to determine the estimated fixed cost component of the company's utility bill. Question 13 options: $170 $0 $670 $134
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