Maintenance costs at Oceanside Hotel over the past six months are listed in the following table Maintenance Machine cost hours. $13,600 15.500 $14,720 16,900 $13,000 13,000 $14,480 16,600 $15,000 $13,200 Month January February March April May June 17,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) OA. $8,750 OB. $25,750 OC. $6,250 OD. $15,250 SIL
Maintenance costs at Oceanside Hotel over the past six months are listed in the following table Maintenance Machine cost hours. $13,600 15.500 $14,720 16,900 $13,000 13,000 $14,480 16,600 $15,000 $13,200 Month January February March April May June 17,000 15,000 Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round intermediary calculations to the nearest cent. Use the "high" data month to calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.) OA. $8,750 OB. $25,750 OC. $6,250 OD. $15,250 SIL
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Maintenance costs at Oceanside Hotel over the past six months are listed in the following table.
Maintenance
cost
Machine
hours
Month
January
February
March
April
May
June
$13,600
$14,720
$13,000
$14,480
OA. $8,750
OB. $25,750
OC. $6,250
OD. $15,250
$15,000
$13,200
15,500
16,900
13,000
16,600
17,000
15,000
Using the high-low method, what would the total maintenance costs be if 17,500 machine hours were used? (Round intermediary calculations to the nearest cent. Use the "high" data month to
calculate your final answer. Do not use the "low" month, as it will result in an approximation of the cost.)
****
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