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Take me to the text Marcie Bresd Company (Marcie) bakes loaves of bread. The monthly equipment maintenance cost for Marcie is conside ed to be
Take me to the text Marcie Bresd Company (Marcie) bakes loaves of bread. The monthly equipment maintenance cost for Marcie is conside ed to be a mixed cost. The variable portion of the cost is related to the number ofloaves baked. The production volume and maintenance costs for the past six months are presented below. Marcte uses the high.: low method to separate mixed costs into its fixed and variable portions. Do not enter dollac sygns at commas in the innet bexas. a) Caiculate the variable rait for the equipinens mainteetance cost. 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. Fixed Cost: 5 c) Assume that 420,000 loaves is the budgetedoproduction level for August using the results of the laigh low method in parts a) and b), what is the expected total equipment maintenance cost foc August? Round your answer to 2 decimalplaces. Expected total equipment maintenance cost for August. 5
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