Question
The accountant of ABC Company has the following maintenance costs and working hours for the past five months and trying to separate the cost to
The accountant of ABC Company has the following maintenance costs and working hours for the past five months and trying to separate the cost to its components:
| Month | Cost | Working hours |
| March | $100,000 | 5,000 |
| April | 60,000 | 1,000 |
| May | 68,600 | 2,000 |
| June | 83,450 | 3,420 |
| July | 88,000 | 5,250 |
what is the fixed cost?
[[selectone]]
a. $38,000
b. $40,000
c. $10,000
d. $50,000
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Auditing And Assurance A Case Studies Approach
Authors: LexisNexis
7th Edition
0409343943, 978-0409343946
