Swofford Inc

question 4

Essay

Swofford Inc.has provided the following data concerning its maintenance costs: Management believes that maintenance 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!

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Definitions:

Constitution

The basic rules and recognized examples based on which a state or different entity is administered.

Checks and Balances

A system in which different branches of government have powers that can limit or check the powers of the others, thus ensuring no single branch becomes too powerful.

Two-Thirds Vote

A decision-making process requiring the approval of two-thirds of the members present and voting in a legislative body or other organization.

State Legislatures

These are legislative bodies in each of the United States responsible for making state laws.