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Determine the cost formula for maintenance cost is

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Reference no: EM132576017

Bell Company has provided the following data for maintenance costs:

                                                   April                      May

Machine hours incurred        12,000                  16,000

Maintenance cost incurred     $24,000            $26,000

Question 1: Using the high-low method, the cost formula for maintenance cost is?

A - $1.625 per machine hour.

B - $2.00 per machine hour.

C - $18,000 plus $0.50 per machine hour.

D - $24,000 plus $0.50 per machine hour.

Reference no: EM132576017

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