Jones Co. uses the high-low method to analyze the cost behavior. In April, a month of high activity, 10,000 hours (cost: Rs.16,000) were needed for auto maintenance. At the low level of activity in February, 3,000 hours were needed and costs incurred to Rs.15,300. The Co.'s fixed maintenance cost was: Select one: a. Rs.10,300 b. Rs.5,000 c. Rs.300 d. Rs.11,000

Q2

The Co. has an annual fixed cost of Rs.3,500,000. The firm's product, ZB has a variable cost equal to 75% of the selling price. The Co.'s break-even point in Rupees sales is: Select one: a. Rs.1,080,000 b. Rs.10,800,000 c. Rs.14,000,000 d. Rs.4,250,000