Business, 28.07.2021 18:10 okitsfrizz2370

The controller of Crane Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month Total Maintenance Costs Total Machine Hours January $2,590 330 February 2,890 380 March 3,490 530 April 4,390 660 May 3,090 530 June 4,790 730 (a1) Determine the variable cost components using the high-low method. (Round answer to 2 decimal places e. g. 2.25.) Variable cost per machine hour $enter the variable cost components using the high-low method rounded to 2 decimal places eTextbook and Media
(a2) Determine the fixed cost components using the high-low method. Total fixed costs $enter the fixed cost components using the high-low method

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The controller of Crane Industries has collected the following monthly expense data for use in analy...

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