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How much is the cost per machine hour

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Reference no: EM132669118

15,000 units in a process that are 80% complete are referred to as:

Portman Company's activity for the first three months of 2016 are as follows:

Machine Hours Electrical Cost

January 2,100 $4,800

February 2,600 $5,800

March 2,900 $6,400

Problem 1: Using the high-low method, how much is the cost per machine hour?

Reference no: EM132669118

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