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4) Jackie's Windmill Company has provided the following data for maintenance cost: Machine hours ...... Maintenance cost........ Prior Year 21,000 $249,300 Current Year 24,000 $268,200
4) Jackie's Windmill Company has provided the following data for maintenance cost: Machine hours ...... Maintenance cost........ Prior Year 21,000 $249,300 Current Year 24,000 $268,200 Maintenance cost is a mixed cost with variable and fixed components. What are the fixed and variable components of maintenance cost? Hint: Express fixed costs as $/year and variable costs as $/machine hour
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