Question: please help The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours

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The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours 12.750 7.750 Direct Labor costs IS 530,000 IS 420.000 Busiest month June) Slowest month (December) What are the direct labor costs per machine hour? Multiple Choice $4157

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