Reference no: EM132746591
Coco, Inc. has accumulated the following data for the cost of maintenance on its machinery for the last four months of 2019:
Month Meals Served Utilities Costs
September 20,000 26,500.00
October 18,500 24,600.00
November 15,000 23,000.00
December 19,000 25,000.00
Problem 1: Assuming Cosco Company uses the high-low method analysis, the variable cost per unit would be?
Problem 2: Assuming Cosco Company uses the high-low method analysis, the fixed cost of maintenance would be?
Problem 3: If the total meals serve is 24,000 during January 2019, the budgeted total maintenance cost would be