A printing company had the following machine maintenance costs: ⚫ For 800 printing jobs: $4,200 ⚫ For 1,200 printing jobs: $4,600 The machine maintenance cost is a mixed cost with both fixed and variable components. What is the variable cost per printing job? a. $5.25 b. $3.83 c. $1.00 d. $0.67

A printing company had the following machine maintenance costs: ⚫ For 800 printing jobs: $4,200 ⚫ For 1,200 printing jobs: $4,600 The machine maintenance cost is a mixed cost with both fixed and variable components. What is the variable cost per printing job? a. $5.25 b. $3.83 c. $1.00 d. $0.67

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter3: Cost Behavior And Cost Forecasting

Section: Chapter Questions

Problem 9DQ: Describe the cost formula for a strictly variable cost such as electrical power cost of 1.15 per...

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A printing company had the following machine maintenance costs:
⚫ For 800 printing jobs: $4,200
⚫ For 1,200 printing jobs: $4,600
The machine maintenance cost is a mixed cost with both fixed and variable
components. What is the variable cost per printing job?
a. $5.25
b. $3.83
c. $1.00
d. $0.67

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Which of the following is the correct contribution margin per machine hour on these general accounting question?
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XYZ Mfg. estimated its different overhead costs as follows:Costs Cost FormulasDepreciation P1,000Lubricants P1,500 + PO.50 per machine hourMachine setup P0.30 per machine hourMaintenance P200 + PO.10 per machine hourUtilities P2,000 + PO.60 per machine hour Total overhead costs expected at activity level of 300 machine hours must be:a. P4,700b. P4,950c. P5,000d. P5,150
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