Using the high-low method-the cost formula for maintenance

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Reference no: EM131250940

The following data pertains to activity and maintenance costs for two recent years:

Year 2 Year 1

Activity Levels in units 12,000 8,000

Maintenance Cost $15,000 $12,000

Using the high-low method, the cost formula for maintenance would be:

Reference no: EM131250940

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