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Please help me find annual fixed costs for maintenance expenditures using high low CoursHeroTranscribedText:...

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Accounting

Please help me find annual fixed costs for maintenance expenditures using high low

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CoursHeroTranscribedText: Maintenance expenses of a company are to be analyzed for purposes of constructing a flexible budget. Examination of past records disclosed the following costs and volume measures: Highest Lowest Cost per month $48,000 $40,000 Machine hours 52,000 42,000 ' Using the high-low technique, estimate the annual xed cost for maintenance expenditures

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