Question: I am searching for the correct answer to this general accounting problem with proper accounting rules. Question: Semi-variable cost: Coco Industries produces machinery parts. It

I am searching for the correct answer to this general accounting problem with proper accounting rules.

Question: Semi-variable cost: Coco Industries produces machinery parts. It Is interested in determining the cost equation for its machinery operations so it can more accurately budget its operational costs. Information for the high and low costs and volumes for the last six months appear below: Electrical Cost 32,960 June 3,300 $2,900 Using the high-low method, the fixed portion of the electrical cost each month would be

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