Buckeye Company has provided the following data for maintenance cost: The best estimate of the cost formula for maintenance would be:
A)$21,625 per year plus $0.625 per machine hour
B)$7,000 per year plus $0.625 per machine hour
C)$7,000 per year plus $1.60 per machine hour
D)$27,000 per year plus $1.60 per machine hour

Question

Buckeye Company has provided the following data for maintenance cost:  The best estimate of the cost formula for maintenance would be:
A)$21,625 per year plus $0.625 per machine hour 
B)$7,000 per year plus $0.625 per machine hour 
C)$7,000 per year plus $1.60 per machine hour 
D)$27,000 per year plus $1.60 per machine hour

Quizplus · Accepted Answer

The Answer of Buckeye Company has provided the following data for maintenance cost:  The best estimate of the cost formula for maintenance would be:
A)$21,625 per year plus $0.625 per machine hour 
B)$7,000 per year plus $0.625 per machine hour 
C)$7,000 per year plus $1.60 per machine hour 
D)$27,000 per year plus $1.60 per machine hour

Buckeye Company Has Provided the Following Data for Maintenance Cost