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CoursHeroTranscribedText: QUESTION S Utility costs at one of Hannemann Corporation's factories are listed below: Machine-Hours...

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CoursHeroTranscribedText: QUESTION S Utility costs at one of Hannemann Corporation's factories are listed below: Machine-Hours Utility Cost March.. 5,021 $52,824 April. 5,076 $53,287 May...... 5,074 $53,263 June..... 5,040 $52,991 July.......... 5,087 $53,371 August... 5,073 $53,251 September....... 5,075 $53,252 October............ 5,034 $52,916 November............. 5,062 $53, 137 Management believes that utility cost is a mixed cost that depends on machine-hours. Required: Estimate the variable cost per machine-hour and the fixed cost per month using the high-low method. Show your work! For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Click Save and Submit to save and submit. Click Save All Answers to save all answers

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