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Kane Ltd Found Its Maintenance Cost and Sales Revenues to Be

Question 48

Multiple Choice

Kane Ltd. found its maintenance cost and sales revenues to be somewhat correlated. Last year's high and low observations were as follows: Kane Ltd. found its maintenance cost and sales revenues to be somewhat correlated. Last year's high and low observations were as follows: What is the fixed portion of the maintenance cost? A) £24,000 B) £42,000 C) £30,000 D) £12,000 What is the fixed portion of the maintenance cost?


A) £24,000
B) £42,000
C) £30,000
D) £12,000

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