Business, 18.03.2021 01:30 tannerweberp5r8sg

Sean, Inc. uses the high-low method to analyze cost behavior. The company observed that at 21,000 machine hours of activity, total maintenance costs averaged $12.00 per hour. When activity jumped to 24,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $11.50. On the basis of this information, the company's fixed maintenance costs were:

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Sean, Inc. uses the high-low method to analyze cost behavior. The company observed that at 21,000 ma...