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Aqua Spring produces agricultural irrigation equipment. During a year, the amount of overhead costs on a per - month basis varies in relation to the
Aqua Spring produces agricultural irrigation equipment. During a year, the amount of overhead costs on a permonth basis varies in relation to the machine hours used
in a given year. The low for the past year was hours, and the expense associated was $ The high for the period was hours, and the associated
expense was $ During the low month, the $ in overhead costs consisted of indirect materials of $a variable expense rent of $a
fixed expense and maintenance costs of $a mixed expense
Read the requirements.
What are the estimated costs for indirect materials?
Requirement b Given the breakdown of expenses in the
whole dollar.
What are the estimated costs for rent?
Requirement c Given the breakdown of expenses in the
whole dollar.
What are the estimated costs for maintenance?
Requirement What is the cost function for maintenance
Determine the variable v and fixed f cost components of
nearest cent. Round your answer for the fixed cost to
Required
Given the breakdown of expenses in the low period, what are the estimated
costs for a indirect materials, b rent, and c maintenance during the
high period?
What is the cost function for maintenance costs?
What amount of maintenance costs would be expected with machine
hours of work?
What would be the total overhead costs at machine hours?
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