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Oaklis Company has provided the following data for maintenance cost: Prior Year Current Year Machine hours 17,100 20,100 Maintenance cost $29,400 $34,200 Maintenance cost is

Oaklis Company has provided the following data for maintenance cost:

Prior Year Current Year
Machine hours 17,100 20,100
Maintenance cost $29,400 $34,200

Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to which:

$29,400 per year plus $1.60 per machine hour

$32,160 per year plus $.625 per machine hour

$2,040 per year plus $.625 per machine hour

$2,040 per year plus $1.60 per machine hour

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