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What is the estimated variable cost per machine hour

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Reference no: EM132028409

Question - At Long Co., electricity cost starts with a minimum fixed cost, and after that, there is a perfectly variable expense. Using estimated machine hours:

Machine hours - Cost

50,000 - $98,000

60,000 - $112,000

What is the a) estimated variable cost per machine hour and what is the b) estimated TOTAL fixed cost?

Reference no: EM132028409

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