Question
Compute for the missing amount. The total maintenance costs of Silver Company in the last four...
Compute for the missing amount.
The total maintenance costs of Silver Company in the last four months are presented below:
Month Machine hours Maintenance cost
January 7, 200 P450, 000
February 6, 800 P422, 000
March 7, 000 P440, 000
April 6, 400 P418, 000
Requirements:
a.Variable cost per machine hour
b. Total fixed cost
c.Budgeted maintenance cost in May if the company is planning to use 7, 500 hours.
d. Budgeted maintenance cost in May if the company is planning to use 8, 000 hours.
Homework Answers
Answer #1
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