Oaklis Company has provided the following data for maintenance cost: Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to:
A)$24,000 per year; $2.30 per machine hour
B)$6,000 per year; $1.80 per machine hour
C)$6,000 per year; $2.30 per machine hour
D)$24,000 per year; $1.80 per machine hour

Question

Oaklis Company has provided the following data for maintenance cost:  Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to:
A)$24,000 per year; $2.30 per machine hour 
B)$6,000 per year; $1.80 per machine hour 
C)$6,000 per year; $2.30 per machine hour 
D)$24,000 per year; $1.80 per machine hour

Quizplus · Accepted Answer

The Answer of Oaklis Company has provided the following data for maintenance cost:  Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to:
A)$24,000 per year; $2.30 per machine hour 
B)$6,000 per year; $1.80 per machine hour 
C)$6,000 per year; $2.30 per machine hour 
D)$24,000 per year; $1.80 per machine hour

Oaklis Company Has Provided the Following Data for Maintenance Cost