Maintenance Costs Machine Hours P15,500 10,720 15,100 15,840 14,800 10,600 1,800 1,230 1,740 2,190 1,602 1,590 January February March April Мay June

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Emman Corporation is preparing a flexible budget for the next year and requires a
breakdown of the factory maintenance cost into the fixed and variable elements.

(See picture for the table)

Requirement:

Find the estimated variable rate

 

Maintenance Costs
Machine Hours
P15,500
10,720
15,100
15,840
14,800
10,600
January
February
March
1,800
1,230
April
May
June
1,740
2,190
1,602
1,590
Transcribed Image Text:Maintenance Costs Machine Hours P15,500 10,720 15,100 15,840 14,800 10,600 January February March 1,800 1,230 April May June 1,740 2,190 1,602 1,590
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