Glascro Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected as follows: Month April May June July Lease cost $15,000 10,000 12,000 16,000 Machine hours 800 600 770 1,000 What would be the total lease cost of Glascro Company at a level of 500 machine hours? a. $8,500 O b. $16,000 Oc. $17,450 O d. $20,000

Glascro Compapy manufactures skis. The management accountant wants to calculate the fued and variable costs associated with the leasing of machinery, Data for the pas four months were collected as follows: What would be the total lease cost of clascro Company at a level of 500 machine hours? 2. 58,400 b. $1600 c. 517.49 d. 580,000