Reference no: EM132738046
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
Problem 1: Assuming Cosco Company uses the high-low method analysis, the variable cost per unit would be?
Problem 2: Assuming Cosco Company uses the high-low method analysis, the fixed cost of maintenance would be?
Problem 3: If machine hours are budgeted to be 20,000 hours during January 2019, the budgeted total maintenance cost would be?
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