Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. maintenance costs are $25,000 when 100,000 units a

Maintenance Costs are $25,000 when 100,000 units are sold, and $55,000 when 300,000 units are...

80.2K

Verified Solution

Question

Accounting

Maintenance Costs are $25,000 when 100,000 units are sold, and $55,000 when 300,000 units are sold. If we used the high-low method to calculate the variable costs to be $0.15, what is the fixed portion of the maintenance costs? $5,000 $20,000 $15,000 $10,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Operations Management
1.2K views

please analyze the resource base of Wikipedia in terms of competativie advantage using the VRIO framework

Psychology
1.2K views

Instructions: Write 2-3 (PLAGIARISM FREE) paragraphs about the topic below. According to Jim, Jim Almighty. Jim thinks that...

Biology
1.2K views

Which of the following is an example of the authentication using ownership O Fingerprint

Physics
1.2K views

5 5 An isolated hydrogen atom emits a photon of 10 2 eV recoil speed...

Geometry
1.2K views

10 If FH and EG are diameters of OP Find the following arc measures Show...

Geometry
1.2K views

L Select all that apply A ZK B ZLJK C ZLKJ D ZJLK E ZJKL...

Basic Math
1.2K views

Is the function below exponential?m(t) = (2.3t) If so, write the function in the form...

Algebra
1.2K views

Let G be an abelian group acting on a set X. Suppose that there is...

Accounting
1.2K views

On1/1/ 2019,X Co acquired 100% of the common stock of Y Co. At that time,...

Accounting
1.2K views

Shamsudin, a fraud examiner, has been hired by Tanjong Malim Jaya Sdn. Bhd. to investigate...

Accounting
1.2K views

Is there a measurement reliability (verifiability) problem with lease capitalization?

Accounting
1.2K views

Please help me fill out this journal entry ...