A production manager is analyzing the relationship between the number of machine hours and the total maintenance cost incurred in a month. From the company records, the following data was extracted. Determine the firm's fixed maintenance cost. Machine Hours (H) Total Maintenance Cost (TC) 100 $3,500 150 $4,000 200 $4,500 250 $5,000

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The controller of Sandhill Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. Month January February March April May June (a1) Total Maintenance Costs $2,880 3,273 3,928 4,632 3,491 4,844 X Your answer is incorrect. Total Machine Hours 3,820 Variable cost per machine hour $ 4,364 6,546 8,619 5,455 8,730 Determine the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places e.g. 2.25.) 1352

General accounting

The controller of Ivanhoe Industries has collected the following monthly cost data for use in analyzing the behavior of maintenance costs. Month January February March April May June (a1) Total Maintenance Costs $3,041 3,456 4,147 5,184 3,686 5,633 Total Machine Hours 4,032 Variable cost per machine hour $ 4,608 6,912 9,101 5,760 9,216 Determine the unit variable costs using the high-low method for this mixed cost. (Round answer to 2 decimal places e.g. 2.25.)

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Beta manufacturing collected the following data solution general accounting question

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The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs. Month   TotalMaintenance Costs   TotalMachine Hours January   $2,817     3,734 February   3,201     4,268 March   3,841     6,402 April   4,801     8,429 May   3,414     5,335 June   4,930     8,536     Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.) Variable cost per machine hour   $    eTextbook and Media                     Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.) Fixed costs   $