Month Volume of Production (Number of Loaves) Equipment Maintenance Costs 429,000 $8,000 298,000 $6,405 285,000 $6,246 1

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Month Volume Of Production Number Of Loaves Equipment Maintenance Costs 429 000 8 000 298 000 6 405 285 000 6 246 1 1 (144.83 KiB) Viewed 11 times

expected total equipment manitenance cost for November?
Month Volume of Production (Number of Loaves) Equipment Maintenance Costs 429,000 $8,000 298,000 $6,405 285,000 $6,246 129,000 $4,346 529,000 $9,218 362,000 $7,184 June July August September October November Do not enter dollar signs or commas in the input boxes. a) Calculate the variable rate for the equipment maintenance cost. Round your answer to 5 decimal places. Variable Cost per Unit: $ 0.01218 b) Calculate the fixed portion of the equipment maintenance cost. Round your answer to the nearest whole number. Fixed Cost: $ 2775 c) Assume that 420,000 loaves is the budgeted production level for November. Using the results of the high-low method in parts a) and b), what is the expected total equipment maintenance cost for November? Round your answer to 2 decimal places. Expected total equipment maintenance cost for November: $ |