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View Policies Current Attempt in Progress The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behaviour
View Policies Current Attempt in Progress The controller of Sandhill Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs. Total Maintenance Costs $3,840 Total Machine Hours Month 280 330 4,640 6,140 480 January February March April May June 8,180 670 380 5,140 8,640 680 Determine the variable cost component using the high-low method. (Round answers to 2 decimal places, e.g. 2.25.) Variable cost per machine hour Determine the fixed cost component using the high-low method. Fixed costs $ e Textbook and Media
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