Ultrasonic Company manufactures ultrasound equipment. Based on past experience, Ultrasonic has found that total annual repair...

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Ultrasonic Company manufactures ultrasound equipment. Based on past experience, Ultrasonic has found that total annual repair and maintenance cost can be represented by the following formula: Total annual repair and maintenance cost = $297,000 + $7.75x, where x = machine hours. Last year, Ultrasonic incurred 141,000 machine hours. A. What was the total repair and maintenance cost incurred by Ultrasonic last year? P $ B. What was the total fixed repair and maintenance cost incurred by Ultrasonic last year? $ C. What was the total variable repair and maintenance cost incurred by Ultrasonic last year? $ D. What was the total repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) PA $ E. What was the fixed repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) LA $ F. What was the variable repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) $ Ultrasonic Company manufactures ultrasound equipment. Based on past experience, Ultrasonic has found that total annual repair and maintenance cost can be represented by the following formula: Total annual repair and maintenance cost = $297,000 + $7.75x, where x = machine hours. Last year, Ultrasonic incurred 141,000 machine hours. A. What was the total repair and maintenance cost incurred by Ultrasonic last year? P $ B. What was the total fixed repair and maintenance cost incurred by Ultrasonic last year? $ C. What was the total variable repair and maintenance cost incurred by Ultrasonic last year? $ D. What was the total repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) PA $ E. What was the fixed repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) LA $ F. What was the variable repair and maintenance cost per machine hour last year? (Round answer to two decimal places.) $

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A To calculate the total repair and maintenance cost incurred by Ultrasonic last year we can substitute the value of x machine hours into the formula ... View the full answer