Wave Runners is a boat rental business that has the following costs over the relevant range of
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Question:
Wave Runners is a boat rental business that has the following costs over the relevant range of 12,000 to 18,000 operating hours for its boats:
Required: 1. Complete the schedule of the company's total and unit costs (Round "Cost per hour answers to 2 decimal places.)
2. Assume that Wave Runners rents it boats for $40 per hour and had 15,000 hours rentals last year. Prepare a contribution format income statement for the year.
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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