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11 The management of Hamano Corporation would like for you to analyze their repair costs,...

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Accounting

11 The management of Hamano Corporation would like for you to analyze their repair costs, which are listed below: Repair Costs April May June July August September October November Machine- Hours 2,144 2,173 2,130 2,206 2,115 2,222 2,141 2,217 Multiple Choice $ 33,098 $ 33,116 $ 33,093 $ 33, 116/ $ 33,026 $ 33,180 $ 33,067 $ 33,153 Management believes that repair cost is a mixed cost that depends on the number of machine-hours. Using the least-squares regressic estimates of the variable and fixed components of repair cost would be closest to: $1.30 per machine-hour plus $30,282 per month $0.81 per machine-hour plus $31,848 per month
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The management of Hamano Corporation would like for you to analyze their repair costs, which are listed below: Management believes that repair cost is a mixed cost that depends on the number of machine-hours. Using the least-squares regress estimates of the variable and fixed components of repair cost would be closest to: Muliple Choice $1.30 per machine-hour plus $30,282 per month 50.81 per machine ihour plus $31,848 per month

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