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Buckeye Company has provided the following data for maintenance cost: Prior Year Current Year Machine hours 19,100 22,200 Maintenance cost $30,500 $34,220 The best estimate
Buckeye Company has provided the following data for maintenance cost:
Prior Year | Current Year | |
Machine hours | 19,100 | 22,200 |
Maintenance cost | $30,500 | $34,220 |
The best estimate of the cost formula for maintenance would be: (Do not round intermediate calculations. Round your Variable cost per unit to 2 decimal places.) |
$7,580 per year plus $.833 per machine hour | |
$26,640 per year plus $.833 per machine hour | |
$7,580 per year plus $1.20 per machine hour | |
$30,500 per year plus $1.20 per machine hour |
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