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Records from previous periods show the following relationship between machine hours and maintenance costs: Machine hours 15,350 12,500 10,700 18,100 Maintenance costs 228,650 29,050 26,610

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Records from previous periods show the following relationship between machine hours and maintenance costs: Machine hours 15,350 12,500 10,700 18,100 Maintenance costs 228,650 29,050 26,610 36.230 Source: adapted from Chartered Institute of Management Accountants, Paper Pt. Performance Evaluation Required: using High-Low method The estimated maintenance costs for 25.500 machine hours are: 58,850 32,850 43,100 45,850 2020 McGraw-Hill Education. All rights reserved Type here to search

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