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Wofril Corporation uses the cost formula Y = $5,300 + $0.60X for the maintenance cost, where Xis machine-hours. The August budget is based on 8,000

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Wofril Corporation uses the cost formula Y = $5,300 + $0.60X for the maintenance cost, where Xis machine-hours. The August budget is based on 8,000 hours of planned machine time. Maintenance cost expected to be incurred during August is: O $500 O $5,300 O $10,100 O $4,800

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