Maintenance costs at Seaside Manufacturing over the past six months are listed in the following...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table. Month January February March April May June Maintenance cost $13,600 $14,720 $12,560 $14,480 $15,180 $13,200 Machine hours 15,500 16,900 13,800 16,600 17,300 15,000 Using the high-low method, what would the variable maintenance cost per machine hour be? O A. $0.88 B. $0.75 C. $1.34 D. $0.91 Maintenance costs at Seaside Manufacturing over the past six months are listed in the following table Month January February March April May June Maintenance cost $13,600 $14,720 $13,000 $14,480 $ 16,000 $13,200 Machine hours 15,500 16,900 14,000 16,600 18,000 15.000 Using the high-low method, what would the monthly fixed maintenance cost be? (Round any intermediary calculations to the nearest cent.) O A. $2,500 OB. $3,000 OC. $13,500 OD. $29,000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
