Question
The total maintenance costs and the machine hours for the past ten accounting periods were as follows: Period Machine hours Maintenance cost 1 400 960
The total maintenance costs and the machine hours for the past ten accounting periods were as follows:
Period | Machine hours | Maintenance cost |
1 | 400 | 960 |
2 | 240 | 880 |
3 | 80 | 480 |
4 | 400 | 1200 |
5 | 320 | 800 |
6 | 240 | 640 |
7 | 160 | 560 |
8 | 480 | 1200 |
9 | 320 | 880 |
10 | 160 | 440 |
Predict the maintenance cost for a machine that has worked for 300 hours.
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International Financial Reporting and Analysis
Authors: David Alexander, Anne Britton, Ann Jorissen
5th edition
978-1408032282, 1408032287, 978-1408075012
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