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ABC compnay produces tablets. The company wants to caluclaute the fixed and valuable costs ABC Companyr produces tablets. The company wants to calculate the xed

ABC compnay produces tablets. The company wants to caluclaute the fixed and valuable costs

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ABC Companyr produces tablets. The company wants to calculate the xed and variable costs associated with the maintenance cost incurred by the factory. Data for the past four months were collected: Maintenance Machine Costs Hours June $ 5,016 384 July $ 4,740 372 August $ 5,6?6 468 September $ 5,088 420 Coefficients shown by a regression program are: Intercept 900.00 X Variable 1 10.00 Required: Using the results of regression, compute the xed cost of maintenance. Using the results of regression, compute the variable cost of maintenance. Using the results of regression, construct the cost formula for maintenance cost. Compute the budgeted cost for maintenance next month assuming the machine hours budgeted are: Using the data and high-low method to compute the budgeted cost for maintenance next month assuming the same number of machine hours budgeted as d) above

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