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meengage.com/mod/quiz/attempt.php?attempt=3968476&cmid=1130027 GA AME ENGAGE English (en) Mackey Publishing Company (Mackey) is a publisher of novels. The monthly equipment maintenance cost for Mackey is considered to
meengage.com/mod/quiz/attempt.php?attempt=3968476&cmid=1130027 GA AME ENGAGE English (en) Mackey Publishing Company (Mackey) is a publisher of novels. The monthly equipment maintenance cost for Mackey is considered to be a mixed cost. The variable portion of the cost is related to the number of novels published. The production volume and maintenance costs for the past six months are presented below. Mackey uses the high-low method to separate mixed costs into its fixed and variable portions. Month Volume of Production (Number of Novels) Equipment Maintenance Costs June 390,000 $5,000 July 537,000 $6,100 August 226,000 $3,400 September 107,000 $2,800 October 499,000 $8,200 November 299,000 $3,400 Do not enter dollar signs or commas in the input boxes. a) Calculate the variable rate for the equipment maintenance cost. Round your answer to 5 decimal places. Variable Cost per Unit: $ b) Calculate the fixed portion of the equipment maintenance cost. Round your answer to the nearest whole number. Fived Cart C Fa e here to search 2 # 3 4 Ei 5 FO 6 BUS 7 FO 8 CO FIO 2 22C IN 0
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