Tran Company, which uses the high-low method to analyze coss behaviof, has determined that machine...

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Accounting

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Tran Company, which uses the high-low method to analyze coss behaviof, has determined that machine hours best predict the company's total utlites cost. The company's cost and machine hour usage data for the first six months of the yoar follow. (Click the loon to view the data.) Read the requirements Requirement 1 . What is the variable utlities cost per machine hour? Lots begin by detormining the formula that is used to calculate the variable cost (Nope)

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