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Assuming Cosco Company uses the high-low method of analysis, if machine hours are budgeted to be 20,000 hours then the budgeted total maintenance cost would be expected to be....

Cosco, Inc. has accumulated the following data for the cost of maintenance on its machinery for the last four months:

Assume that the relevant range includes all of the activity levels mentioned in this problem

4. Assuming Cosco Company uses the high-low method of analysis, if machine hours are budgeted to be 20,000 hours then the budgeted total maintenance cost would be expected to be:
A) $25,400
B) $25,560
C) $23,700
D) $24,720

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Lowest machine hours = 15000 maintenance cost at this level = 22300
Highest ...

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$2.19