Business, 11.12.2019 21:31 eriks1818

Song, inc., uses the high-low method to analyze cost behavior. the company observed that at 20,000 machine hours of activity, total maintenance costs averaged $34.30 per hour. when activity jumped to 27,000 machine hours, which was still within the relevant range, the average total cost per machine hour was $27.30.

on the basis of this information, the variable cost per machine hour was (round your final answer to 2 decimal places):

on the basis of this information, the fixed cost was (round your intermediate calculations to 2 decimal places final answer to nearest dollar amount):

on the basis of this information, what were total maintenance costs when the company experienced 25,000 machine hours? (round your intermediate calculations to 2 decimal places final answer to nearest dollar amount.)

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Song, inc., uses the high-low method to analyze cost behavior. the company observed that at 20,000 m...

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