Question
Olsen Industries has the following information about maintenance costs in the past six months. Month Machine Hours Amount January 200 $ 2,800 February 350 3,000
Olsen Industries has the following information about maintenance costs in the past six months.
| Month | Machine Hours | Amount |
|---|---|---|
| January | 200 | $ 2,800 |
| February | 350 | 3,000 |
| March | 450 | 4,000 |
| April | 500 | 5,000 |
| May | 600 | 5,200 |
| June | 580 | 5,800 |
If maintenance machine hours are 550, how much would Olsen pay?
Multiple Choice
$9,600
$5,150
$4,900
$5,100
None of the answers is correct
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Investment Theory And Risk Management
Authors: Steven Peterson
1st Edition
9781118129593
