Maddleson Incorporated wants to segregate the fixed and variable portions of maintenance cost, believed to be a

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Maddleson Incorporated wants to segregate the fixed and variable portions of maintenance cost, believed to be a semi variable cost, as measured against machine hours. The following information has been provided for the most recent six months:

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Using the high and low points method, compute the variable cost rate and the fixed cost for maintenance cost.

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Cost Accounting

ISBN: 978-0759338098

14th edition

Authors: William K. Carter

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Question Posted: May 03, 2016 05:19 AM

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Maddleson Incorporated wants to segregate the fixed and variable portions of maintenance cost, believed to be a

Question:

Month March... April Ma June... Machine Hours 2,550 2.300 2,100 2,600 2,350 2,450 Maintenance Cost $1.275 1,200 1,100 … 1,225 1,250 August....

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Activity Level Cost High 2600 hours 1300 Low 2100 110...View the full answer

Cost Accounting

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