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The fixed utilities cost per month is:     P5,100 P4,400 P3,764 P4,760 P4,699

The fixed utilities cost per month is:     P5,100 P4,400 P3,764 P4,760 P4,699

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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The fixed utilities cost per month is:
 
 
  • P5,100
  • P4,400
  • P3,764
  • P4,760
  • P4,699
NUBD Inc., which uses the least square method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a lowof600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Machine Hours Month January February March Utilities P8,700 8,360 8,950 9,360 9,625 9,150 800 720 810 920 April May June 950 900
Transcribed Image Text:NUBD Inc., which uses the least square method to analyze cost behavior, has determined that machine hours best explain the company's utilities cost. The company's relevant range of activity varies from a lowof600 machine hours to a high of 1,100 machine hours, with the following data being available for the first six months of the year: Machine Hours Month January February March Utilities P8,700 8,360 8,950 9,360 9,625 9,150 800 720 810 920 April May June 950 900
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