Variable component of its maintenance cost, Accounting Basics

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Variable component of its maintenance cost

The following information is available for the Hunter company's maintenance cost over the last four months. Using the high-low method, estimate both the fixed and variable component of its maintenance cost. Make sure to clearly identify both costs.

Month Maintenance Hours Maintenance Cost

January 20 $3,200
February 28 5,400
March 10 2,600
April 32 7,00

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Accounting Basics: Variable component of its maintenance cost

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Accounting Basics: Variable component of its maintenance cost

Reference No:- TGS0708801

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Discuss whether direct labor is a fixed or a variable

Q : Discuss the costs of hearthstone appliances

Q : Describe the grinding department

Q : Explain the general purposes of the management report

Q : Variable component of its maintenance cost

Q : What is the estimated contribution margin per ticket sold

Q : How many units are in ending inventory

Q : Weighted-average shares of common stock

Q : Explain the service cost for the year

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Variable component of its maintenance cost

Reference No:- TGS0708801

Recent Questions Asked Accounting Basics

Q : Discuss whether direct labor is a fixed or a variable

Q : Discuss the costs of hearthstone appliances

Q : Describe the grinding department

Q : Explain the general purposes of the management report

Q : Variable component of its maintenance cost

Q : What is the estimated contribution margin per ticket sold

Q : How many units are in ending inventory

Q : Weighted-average shares of common stock

Q : Explain the service cost for the year

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