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Wave Runners is a boat rental business that has the following costs over the relevant range of 16,000 to 22,000 operating hours for its
Wave Runners is a boat rental business that has the following costs over the relevant range of 16,000 to 22,000 operating hours for its boats: Required: 1. Complete the schedule of the company's total and unit costs. (Round "Cost per hour" answers to 2 decimal places.) 16,000 Operating Hours 18,000 20,000 22,000 Total costs: Variable costs $ 64,000 Fixed costs 1,504,800 Total costs $ 1,568,800 $ 0 $ 0 $ Cost per unit: Variable cost Fixed cost Total cost per hour $ 0.00 $ 0.00 $ 0.00 $ 0.00
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