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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

june 20 $6,020

july 48 8,100

aug 24 5,100

sept 38 7,000

oct 42 6,900

nov 36 6,900

dec 12 3,600

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  • Category:- Accounting Basics
  • Reference No.:- M948644

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