Buckeye Company has provided the following data for maintenance cost: Prior Year Current Year Machine hours 19,100
Fantastic news! We've Found the answer you've been seeking!
Question:
Buckeye Company has provided the following data for maintenance cost:
Prior Year | Current Year | |
Machine hours | 19,100 | 22,200 |
Maintenance cost | $30,500 | $34,220 |
The best estimate of the cost formula for maintenance would be: (Do not round intermediate calculations. Round your Variable cost per unit to 2 decimal places.) |
$7,580 per year plus $.833 per machine hour | |
$26,640 per year plus $.833 per machine hour | |
$7,580 per year plus $1.20 per machine hour | |
$30,500 per year plus $1.20 per machine hour |
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date: