Question: 1) Determine the variable cost component using the high-low method. Variable cost per machine hour ($) : 2) Determine the fixed cost component using the

1) Determine the variable cost component using the high-low method. Variable

1) Determine the variable cost component using the high-low method.

Variable cost per machine hour ($) :

2) Determine the fixed cost component using the high-low method.

Fixed cost ($):

The controller of Carla Vista Industries has collected the following monthly expense data for use in analyzing the cost behaviour of maintenance costs

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