Maintenance costs at Oceanside Hotel over the past six months are listed in the following table....

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Maintenance costs at Oceanside Hotel over the past six months are listed in the following table. Maintenance cost $13,600 $14,720 $12,000 Month January February March April May June $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,700 machine hours were used? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) Maintenance costs at Oceanside Hotel over the past six months are listed in the following table. Maintenance cost $13,600 $14,720 $12,000 Month January February March April May June $14,480 $16,000 $13,200 Machine hours 15,500 16,900 13,000 16,600 18,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,700 machine hours were used? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)

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To use the highlow method we need to find the variable cost per machine hour and the fixed ... View the full answer