The following were the data obtained by the manager for the first 3 quarters for 2020:Maintenance MachineQuarterCostsHours1st quarter1,520,00050,0002nd quarter1,718,30062,0003rd quarter1,526,00046,000How much is the expected maintenance costs for November 2020, if the expected machine hours is 33,000?

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How much is the expected maintenance costs for November 2020, if the expected machine hours is 33,000?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

The following were the data obtained by the manager for the first 3 quarters for 2020:
Maintenance Machine
Quarter
Costs
Hours
1st quarter
1,520,000
50,000
2nd quarter
1,718,300
62,000
3rd quarter
1,526,000
46,000
How much is the expected maintenance costs for November 2020, if the expected machine hours is 33,000?

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