Solution-Compute missing amounts assuming that cost

Compute missing amounts assuming that cost behavior pattern

Assignment Help Cost Accounting

Reference no: EM132583063

Neptune Rentals operates a boat rental service. Consider the following costs of the company over the relevant range of 5,000 to 8,000 hours of operating time for its boats:

Hours of Operating time 5,000 6,000 7,000 8,000

Total Costs:

Variable Costs £ 20,000 £ ? £ ? £ ?

Fixed Costs 168,000 ? ? ?

Total Costs 188,000 £ ? £ ? £ ?

Cost Per

Hour:

Variable Cost £ ? £ ? £ ? £ ?

Fixed Cost ? ? ? ?

Total cost Per

Hour £ ? £ ? £ ? £ ?

Required:

Question 1: Compute the missing amounts, assuming that cost behavior patterns remain unchanged within the relevant range of 5,000 to 8,000 hours step

Reference no: EM132583063

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Compute missing amounts assuming that cost behavior pattern

Reference no: EM132583063

Reference no: EM132583063

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