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Glascro Company Manufactures Skis

Question 39

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Glascro Company manufactures skis.The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery.Data for the past four months were collected as follows:

Glascro Company manufactures skis.The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery.Data for the past four months were collected as follows: - Using the high-low method, calculate the fixed cost of leasing. A) $2,000 B) $1,500 C) $2,500 D) $1,000
- Using the high-low method, calculate the fixed cost of leasing.


A) $2,000
B) $1,500
C) $2,500
D) $1,000

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