Prepare a graph showing behavior of maintenance costs

Reference no: EM13257157

The controller of Dugan industries has collected the followingmonthly expense data for use in analyzing the cost behaviour ofmaintenance costs.

Total Total

Month Maintenancecosts Machine hours

January $2,400 300

February 3000 400

March 3,600 600

April 4,500 790

May 3,200 500

June 4,900 800

Instructions:

Determine the fixed and variable cost components using the highlow method
Prepare a graph showing the behavior of maintenance costs, andidentify the fixed and variable cost elements. Use 200 unitincrements and $1000 cost increments

Reference no: EM13257157

Questions Cloud

The primary areas of concentration : Jobe Smith has decided to build his manufacturing business (lawn mowers in the U.S.) around the production concept. If this approach is taken, what will be Mr. Smith's primary areas of concentration as he builds his business?

Explain what is the volumetric flow rate of steam : what is the volumetric flow rate of steam leaving the turbine. If the turbine operates adiabatically, what is the work output

Was lack of quality the reason for gms bankruptcy : Was lack of quality the reason for GM's bankruptcy in 2008 and 2009 Manufacturing, improvement and management

Find the type of mirror : A spherical mirror is to be used to fom an image 5 times as tall as the object on a screen positioned 1 meter from the mirror. Find the type of mirror

Prepare a graph showing behavior of maintenance costs : Prepare a graph showing the behavior of maintenance costs, andidentify the fixed and variable cost elements. Use 200 unitincrements and $1000 cost increments.

Explain process be considered endothermic or ectodermic : A 732g sample of water was cooled from 60.0°C to 25.3°C. How much heat was lost? Would this process be considered endothermic or ectodermic if the water is the system

What is the angular velocity of the bicycle wheels : A bicycle racer is traveling at 10 m/s with an acceleration of 0.5 m/s^2. The radius of the bicycle wheel is 33 cm. What is the angular velocity of the bicycle wheels

Find the value of a single component to connect in parallel : The complex power of an electrical load is S = 1 + j VA. If the voltage across the loadis 10V RMS with a radian frequency f=1 rad/s, find the value of a single component to connect in parallel with the load so that the new load has a unity power f..

A methane enters a heat exchanger at a volumetric flow rate : Methane enters a heat exchanger at a volumetric flow rate of 120.0 m3/min, at a pressure of 1.013 bar and temperature of 5.0°C. At these conditions, the specific enthalpy of methane is -45.181 kJ/kg.

User Account

All Pages