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Olsen Industries has the following information about maintenance costs in the past six months. ...

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Accounting

Olsen Industries has the following information about maintenance costs in the past six months.

Month Machine Hours Amount
January 200 $ 2,800
February 350 3,000
March 450 4,000
April 500 5,000
May 600 5,200
June 580 5,800

If maintenance machine hours are 550, how much would Olsen pay?

Multiple Choice

$9,600

$5,150

$4,900

$5,100

None of the answers is correct

Answer & Explanation Solved by verified expert
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