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What did I do wrong here? Isn't this the right answer? Help??? Exercise 22-03 a1-a2 The controller of Oriole Industries has collected the following monthly
What did I do wrong here? Isn't this the right answer? Help???
Exercise 22-03 a1-a2 The controller of Oriole Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Total Machine Hours Month January February March April May June Total Maintenance Costs $2,860 3,160 3,760 4,660 3,360 5,260 320 370 520 670 520 720 x Your answer is incorrect. Try again. Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour 7.425 x Your answer is incorrect. Try again. Determine the fixed cost components using the high-low method. Total fixed costs 484 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXTStep by Step Solution
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