Business
Business, 14.10.2021 01:00, anarosa52505pdizws

The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,660 320 February 2,960 370 March 3,560 520 April 4,460 670 May 3,160 520 June 5,860 720 (a1) Correct answer icon Your answer is correct. 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 $ 8 eTextbook and Media Attempts: 1 of 3 used (a2) Correct answer icon Your answer is correct. Determine the fixed cost components using the high-low method.

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