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Calculate smithson fixed costs per month

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Question 1: Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do not round your intermediate calculations.

Month         Cost           Machine Hours

Jan           $52,200       20,000

Feb           $75,000     29,000

Mar          $57,000      22,000

April       $64,000        24,500

Reference no: EM132585563

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