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Exercise 19-3 The controller of Norton Industries has collected the following monthly expense data for use in analyzing the b
Machine Hours 350 400 Month January February March April May June Maintenance Costs $2,710 3,010 3,610 4,510 3,210 5,590 550
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VARIABLE COST PER MACHINE HR = HIGH COST @ HIGH MACHINE HRS - LOW COST @ LOW MACHINE HRS

   HIGH MACHINE HOURS - LOW MACHINE HOURS

= $5590 - $2710 / 750 HOURS - 350 HOURS

= $7.200 PER MACHINE HOUR

TOTAL FIXED COST

TOTAL COST = VARIABLE COST + FOXED COST

$5,590 = $7.200 * 750 HOURS + FIXED COST

FIXED COST = $5,590 - $5,400

= $190

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