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The Following Data Pertains to Activity and Maintenance Cost for Two

question 281

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The following data pertains to activity and maintenance cost for two recent periods: The following data pertains to activity and maintenance cost for two recent periods:   Maintenance cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for maintenance cost is: (Round your intermediate calculations to 2 decimal places.)  A)  Y = $4.25 X B)  Y = $14,000 + $2.50 X C)  Y = $2,500 + $4.25 X D)  Y = $4.50 X Maintenance cost is a mixed cost with both fixed and variable components. Using the high-low method, the cost formula for maintenance cost is: (Round your intermediate calculations to 2 decimal places.)


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