The following information is available for Alba Companys maintenance cost over the

Question

The following information is available for Alba Company's maintenance cost over the last four months.

Month	Maintenance hours	Maintenance cost
January	150	$6,000
February	120	$5,100
March	240	$8,100
April	210	$6,900

Use the high-low method to estimate both the fixed and variable component of its maintenance cost.

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