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$20.00 Accounting

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leslaa
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At the high level of activity in November, 7,000 machine hours were run and power costs 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 method, the estimated fixed cost element of power costs is.... SEE ATTACHMENT FOR DETAILS. THANKS

 
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