The accountant of ABC Company has the following maintenance costs and working hours for the past five months and trying to separate the cost to its components:
Month |
Cost |
Working hours |
March |
$100,000 |
5,000 |
April |
60,000 |
1,000 |
May |
68,600 |
2,000 |
June |
83,450 |
3,420 |
July |
88,000 |
5,250 |
what is the predicted cost of 6,200 hours?
[[selectone]]
a. $124,400
b. $112,000
c. $102,000
d. $149,200
Answer is b. $112,000 for the above question
Accounting
The accountant of ABC Company has the following maintenance costs and working hours for the past five months and trying to separate the cost to its components:
Month |
Cost |
Working hours |
March |
$100,000 |
5,000 |
April |
60,000 |
1,000 |
May |
68,600 |
2,000 |
June |
83,450 |
3,420 |
July |
88,000 |
5,250 |
what is the predicted cost of 6,200 hours?
[[selectone]]
a. $124,400
b. $112,000
c. $102,000
d. $149,200
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