Based on the following information, calculate fixed costs permonth using the high-low method.
Cost
Machine Hours
May
$56,000
22,000
June
76,000
32,000
July
58,000
26,000
August
66,000
24,000
$11,000
$12,000
$9,000
$10,000
Based on the following information, calculate fixed costs per month using the high-low method. Cost Machine Hours Ma
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