Ultrasonic Company manufactures ultrasound equipment. Based on past experience, Ultrasonic has found that total annual repair and maintenance cost can be represented by the following formula: Total annual repair and maintenance cost = $205,000 + $7.50x, where x = machine hours. Last year, Ultrasonic incurred 145,000 machine hours. A. What was the total repair and maintenance cost incurred by Ultrasonic last year?fill in the blank 1 of 6$ B. What was the total fixed repair and maintenance cost incurred by Ultrasonic last year?fill in the blank 2 of 6$ C. What was the total variable repair and maintenance cost incurred by Ultrasonic last year?fill in the blank 3 of 6$ D. What was the total repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)fill in the blank 4 of 6$ E. What was the fixed repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)fill in the blank 5 of 6$ F. What was the variable repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)fill in the blank 6 of 6$
Ultrasonic Company manufactures ultrasound equipment. Based on past experience, Ultrasonic has found that total annual repair and maintenance cost can be represented by the following formula: Total annual repair and maintenance cost = $205,000 + $7.50x, where x = machine hours. Last year, Ultrasonic incurred 145,000 machine hours.
A. What was the total repair and maintenance cost incurred by Ultrasonic last year?
fill in the blank 1 of 6$
B. What was the total fixed repair and maintenance cost incurred by Ultrasonic last year?
fill in the blank 2 of 6$
C. What was the total variable repair and maintenance cost incurred by Ultrasonic last year?
fill in the blank 3 of 6$
D. What was the total repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)
fill in the blank 4 of 6$
E. What was the fixed repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)
fill in the blank 5 of 6$
F. What was the variable repair and maintenance cost per machine hour last year? (Round answer to two decimal places.)
fill in the blank 6 of 6$
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