Determine the budgeted total maintenance cost

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Question - Coco, Inc. has accumulated the following data for the cost of maintenance on its machinery for the last four months of 2019:

Month

Meals Served

Utilities Costs

September

26,000

20,000

October

24,600

18,500

November

24,500

15,000

December

25,100

19,000

Required -

1. Assuming Cosco Company uses the high-low method analysis, determine the variable cost per unit?

2. Assuming Cosco Company uses the high-low method analysis, determine the fixed cost of maintenance?

3. If machine hours are budgeted to be 20,000 hours during January 2019, determine the budgeted total maintenance cost?

Reference no: EM132800151

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