Coco, Inc. has accumulated the following data for the cost of maintenance on its machinery for the
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Question:
Coco, Inc. has accumulated the following data for the cost of maintenance on its machinery for the last four months of 2019:
Month Meals Served Utilities Costs
September 20,000 26,500.00
October 18,500 24,600.00
November 15,000 23,000.00
December 19,000 25,000.00
9 Assuming Cosco Company uses the high-low method analysis, the variable cost per unit would be?
10 Assuming Cosco Company uses the high-low method analysis, the fixed cost of maintenance would be?
11 If the total meals serve is 24,000 during January 2019, the budgeted total maintenance cost would be?
Expert Answer:
To calculate the variable cost per unit and fixed cost of maintenance using the highlow method we ne... View the full answer
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