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Utility Costs at One of Hannemann Corporation's Factories Are Listed

Question 57

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Utility costs at one of Hannemann Corporation's factories are listed below:
Utility costs at one of Hannemann Corporation's factories are listed below: Management believes that utility cost is a mixed cost that depends on machine-hours. Required: Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work! Management believes that utility cost is a mixed cost that depends on machine-hours.
Required:
Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method.Show your work!

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blured image Variable cost = Change in cost ÷ Change...

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