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Sunland, Inc., has collected the following information on its cost of electricity: (a) ...

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Question

Accounting

Sunland, Inc., has collected the following information on its cost of electricity:
(a)
Identify the high and low points.
Machine Hours
High point
Low point
$
Using the high-low method, compute the variable cost of electricity per machine hour. (Round unit cost to 2 decimal places,
e.g.52.75.)
image

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