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What is the estimated total fixed cost for utilities

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Reference no: EM132314864

Question :

The following information is available for a company's utility cost for operating its machines over the last four months.

Month Machine hours Utility cost
January 1,010 $7,560
February 1,910 $7,120
March 2,620 $9,200
April 710
$5,380

Using the high-low method, the estimated total fixed cost for utilities is?

Reference no: EM132314864

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