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Category > Accounting Posted 22 Jul 2017 My Price 6.00

company’s maintenance cost

The following information is available for a company’s maintenance cost over the last seven months. Using the high-low method, estimate both the fixed and variable components of its maintenance cost.

Month	Maintenance Hours	Maintenance Cost
June	20	$6,020
July	48	8,100
August	24	5,100
September	38	7,000
October	42	6,900
November	36	6,900
December	12	3,600

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Status NEW Posted 22 Jul 2017 10:07 PM My Price 6.00

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