Question: Determine the fixed costs using the high-low method for this mixed cost. Fixed costs: The controller of Crane Industries has collected the following monthly cost

Determine the fixed costs using the high-low method for this mixed cost.

Fixed costs:

The controller of Crane Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. (a1) Your answer is correct. Determine the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places e.g. 2.25.) Variable cost per machine hour $ eTextbook and Media Attempts: 1 of 5 use (a2) Your answer is incorrect. Determine the fixed costs using the high-low method for this mixed cost

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