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VI. Use the Hi-Lo Method of cost estimation to determine the equation for total cost (fixed and variable). Then determine the total cost for 17,500

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VI. Use the Hi-Lo Method of cost estimation to determine the equation for total cost (fixed and variable). Then determine the total cost for 17,500 machine hours. Month April May June July August y X OH Cost Machine Hours $73,411 7,629 $91,706 8,436 $108,222 12,098 $115,089 15,265 $110,749 13,762

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