ntenance costs for the past 6 months. July August September October November December Units Produced 18,00
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Markowis Corp. has collected the following data concerning its maintenance costs for the past 6 months.
July
August
September
October
November
December
Units Produced
18,000 32,000 36,000 22,000 40,000 38,000
Total Cost
$36,000 48,000 55,000 38,000 74,500 62,000
Compute the variable- and fixed-cost elements using the high-low method.
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