The following are the Maintenance Costs incurred in a Machine Shop for six months with corresponding machine hours. Analyse the Semi-Variable Maintenance Costs into Fixed & Variable elements by High and Low Points Method. Month Jan Feb Mar 27 1,700 Apr 34 May June Total Maintenance Costs Rs.000s Machine Hours 30 32 28 29 180 2,000 2,200 2,400 1,800 1,900 12,000

The following are the Maintenance Costs incurred in a Machine Shop for six months with corresponding machine hours. Analyse the Semi-Variable Maintenance Costs into Fixed & Variable elements by High and Low Points Method. Month Jan Feb Mar 27 1,700 Apr 34 May June Total Maintenance Costs Rs.000s Machine Hours 30 32 28 29 180 2,000 2,200 2,400 1,800 1,900 12,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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