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Using the high-low, the estimated fixed cost element of power cost is?

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At the high level of activity in November, 7,00 machines hours were run and power cost were $12,000. In April, A month of low activity 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low, the estimated fixed cost element of power cost is?;A)$8,400;B)$3,600;C)$6,000;D)$12,000

 

Paper#27122 | Written in 18-Jul-2015

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