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What is the variable cost per hour

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Question :

Wallace Heating is attempting to estimate its costs of manufacturing heating ducts for the coming year using the high-low method. The cost driver is number of labor hours. Wallace determines that the high and low costs are $26,496 and $19,122, respectively, and the values for the cost driver are 3,877 and 2,390 hours, respectively. What is the variable cost per hour?

Reference no: EM132379431

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