Question: Current Attempt in Progress At the high level of activity in November, 1 2 0 0 0 machine hours were run and power costs were

Current Attempt in Progress
At the high level of activity in November, 12000 machine hours were run and power costs were $18000. In April, a month of low activity, 4000 machine hours were run and power costs amounted to $9000. Using the high-low method, the estimated fixed cost element of power costs is
$4500
$18000
$9000
$13500
Current Attempt in Progress At the high level of activity in

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