Question: Type or paste question here Wofril Corporation considers equipment maintenance to be a mixed cost. The variable component is $.60 per machine hour, computed using

Type or paste question here

Wofril Corporation considers equipment maintenance to be a mixed cost. The variable component is $.60 per machine hour, computed using the high and low months' data shown below

Machine Hours Total Maintenance Cost
January 270 $1,162
June 160 $1,096

What is the fixed cost component of the Total Maintenance Cost?

a. 1000

b. 1129

c. 465

d. 438

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