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QUESTION 30 Maintenance costs at a Whetsel Corporation factory are listed below: Machine Hours Maintenance Cost March 3,135 $48,340 April 3,095 $47,993 May 3.133 548,345

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QUESTION 30 Maintenance costs at a Whetsel Corporation factory are listed below: Machine Hours Maintenance Cost March 3,135 $48,340 April 3,095 $47,993 May 3.133 548,345 June 3,157 $48,548 July 3.065 $47.733 August 3,076 $47,830 September 2.084 $47.880 loctober 3,125 $48,247 November 3.000 $18.914 Management believes that maintenance cost is a mixed cost that depends on machine-hours. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first and round off to the nearest whole cent Compute the fixed component second and round off to the nearest whole dollar. These estimates would be closest to A. $8.86 per machine-hour, 520,577 per month B. 50.11 per machine hour; 548,192 per month C. $15.48 per machine hour, $48,103 per month D. 58.31 per machine-hour: 520,718 per month

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