Cape Breton Cleaners Ltd. provides cleaning services for office buildings. They have collected the following...
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Cape Breton Cleaners Ltd. provides cleaning services for office buildings. They have collected the following data showing the total number of hours spent cleaning and the total costs for the past 6 months. Total hours Total cost January 1,550 February 1,400 March 1,850 April 1,300 May 1,900 June 1,700 1. Using the high-low method estimate the variable cost per hour. 2. Estimate the total fixed cost per month 3. For the month of July Cape Breton Cleaners Ltd. is expecting total hours of 1,600. Estimate the total costs that will be incurred for July. CATT G 2007 Al EPARTME 44,500 41,200 50,000 39,800 50,600 46,900 TASR THE AM ME TOM In 200 POP CASAME cont to y T PRO TOSTER
Cape Breton Cleaners Ltd. provides cleaning services for office buildings. They have collected the following data showing the total number of hours spent cleaning and the total costs for the past 6 months. 1. Using the high-low method estimate the variable cost per hour. 2. Estimate the total fixed cost per month 3. For the month of July Cape Breton Cleaners Ltd. is expecting total hours of 1,600. Estimate the total costs that will be incurred for July
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