Willco Inc. manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way

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Willco Inc. manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way to budget these costs in the future. They have collected the following data for the last six months:

Using the high-low method and the Willco data, calculate the variable maintenance cost per machine hour (round to three decimal places).

A. $1.016/hr.
B. $0.976/hr.
C. $1.863/hr.
D. $1.250/hr.
E. $0.907/hr.

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Quantitative Methods for Business

ISBN: 978-0324651751

11th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam

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Question Posted: Aug 26, 2013 07:03 AM

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Willco Inc. manufactures electronic parts. They are analyzing their monthly maintenance costs to determine the best way

Question:

Month Machine Hours 30,000 40,000 37,500 39,000 42,300 35,000 Maintenance Costs $62,000 $74,500 $65,900 S68,750 $74,000 $64,500 an Febru March Ma June

Step by Step Answer:

B 0976hr May 42300 74000 January 30000 62...View the full answer

Quantitative Methods for Business

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