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What variable cost per machine-hour is

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Slonaker Inc. has provided the following data concerning its maintenance costs:

                     Machines-Hours        Cost

October          5,809                   $30,388

August           5,717                      $30,078

Management believes that maintenance cost is a mixed cost that depends on machine-hours.

Problem 1: Using the high-low method, variable cost per machine-hour is:

Problem 2: The total cost when the activity is 6,000 machine-hour is:

Problem 3: Using the high-low method, fixed cost per month is

Reference no: EM132829453

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