The total maintenance costs and the machine hours for the past ten accounting periods were as follows:
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Question:
The total maintenance costs and the machine hours for the past ten accounting periods were as follows:
Period | Machine hours | Maintenance cost |
1 | 400 | 960 |
2 | 240 | 880 |
3 | 80 | 480 |
4 | 400 | 1200 |
5 | 320 | 800 |
6 | 240 | 640 |
7 | 160 | 560 |
8 | 480 | 1200 |
9 | 320 | 880 |
10 | 160 | 440 |
Predict the maintenance cost for a machine that has worked for 300 hours.
Related Book For
International Financial Reporting and Analysis
ISBN: 978-1408075012
5th edition
Authors: David Alexander, Anne Britton, Ann Jorissen
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