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XYZ Company has observed its maintenance costs as follows over the relevant range of 4,000 to 12,000 units of production. Units of Production Maintenance Expense
XYZ Company has observed its maintenance costs as follows over the relevant range of 4,000 to 12,000 units of production.
Units of Production | Maintenance Expense |
10,000 | 9,000 |
6,000 | 7,100 |
4,000 | 6,600 |
8,500 | 7,900 |
Question 36 (2.5 points)
Using the high-low method, what is the variable rate per unit of production?
Question 36 options:
Question 37 (2.5 points) What is the total fixed cost? Question 37 options:
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