Answer Options for variable cost per machine formula and fixed cost per month. Please select from the bolded choices: - Average machine hours, Average repair costs, Change in machine hours, Change in repair cost, Total cost at lowest machine hours, Total variable cost at lowest machine hours

The president and the controller of Tampico Transformer Company (Mexico) have agreed that refinement of the company's cost measurements will aid planning and control decisions Requirement 1. They have asked you to measure the function for mixed-cost behavior of repairs and maintenance from Monthly Actvity n Monthly Repair anc Machine Hours Maintenance Cost 8,500 P 207,000,000 P 277,000,000 the sparse data shown on the right. Currency is the Mexican peso (P). 12,000 First begin by determining the formula for the variable cost per machine hour, then calculate the amount Variable cost per - machine hour Next determine the formula for the fixed cost per month, then calculate the amount Fixed cost per month Now that the variable cost per machine hour and fixed cost per month amounts are calculated, you can determine the mixed cost function by inputting the amounts into the below formula. Choose from any list or enter any number in the input fields and then continue to the next