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

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Accounting

Crane, Inc., has collected the following information on its cost of electricity:
(a)
-120
Identify the high and low points.
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.)
Variable cost $ per machine hour
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