What is the a estimated variable cost per machine hour and


Question - At Long Co., electricity cost starts with a minimum fixed cost, and after that, there is a perfectly variable expense. Using estimated machine hours:

Machine hours - Cost

50,000 - $98,000

60,000 - $112,000

What is the a) estimated variable cost per machine hour and what is the b) estimated TOTAL fixed cost?

Solution Preview :

Prepared by a verified Expert
Accounting Basics: What is the a estimated variable cost per machine hour and
Reference No:- TGS02821877

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)