What is the variable cost per hour for wallace heating

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Problem 1 : 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 $26,368 and $18,926 respectively, and the values for the cost driver are 3,812and 2,290hours, respectively. What is the variable cost per hour?

Reference no: EM132694157

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