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Business, 30.03.2020 21:52 kaneisha20

The Crater Manufacturing Company recorded overhead costs of $14,252 at an activity level of 4,550 machine hours and $8,366 at 2,370 machine hours. The records also indicated that overhead of $9,765 was incurred at 2,670 machine hours. What is the variable cost per machine hour using the high-low method to estimate the cost equation

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