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Exercise 5-3 a1-a2 (Video) (Part Level Submission) The controller of Crane Industries has collected the following monthly exp

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using high low method
particulars month maintainence costs machine hours
High level of activity june $5,520.00 730
low level of activity january $2,880.00 330
Difference $2,640.00 400
(5520-2880) (730-330)
variable cost per machine hour 2640/400 $6.60
$6.60 is variable machine hour rate
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