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Business, 12.02.2022 03:50 nforrestall

The controller of Blossom 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 $3,018 4,000 February 3,429 4,572 March 4,115 6,858 April 4,633 9,030 May 3,658 5,715 June 4,817 9,140 (a1) 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 $Type your answer here

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