The following information is available for the hunter

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The following information is available for the Hunter company's maintenance cost over the last four months. Using the high-low method, estimate both the fixed and variable component of its maintenance cost. Make sure to clearly identify both costs.

Month Maintenance Hours Maintenance Cost

  • January 20 $3,200
  • February 28 5,400
  • March 10 2,600
  • April 32 7,00

Reference no: EM13601300

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