Question: Johnson Company has provided the following data for the first five months of the year. Machine Hours January February March April May 120 160 200

 Johnson Company has provided the following data for the first five

Johnson Company has provided the following data for the first five months of the year. Machine Hours January February March April May 120 160 200 150 170 Lubrication Cost $750 $810 $870 $795) $825 Using the high-low method of analysis, the estimated variable lubrication cost per machine hour is closest to

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