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Wofril Corporation Uses the Cost Formula Y = $5,300

Question 327

Multiple Choice

Wofril Corporation uses the cost formula Y = $5,300 + $0.60X for the maintenance cost, where X is machine-hours. The August budget is based on 8,000 hours of planned machine time. Maintenance cost expected to be incurred during August is:


A) $10,100
B) $4,800
C) $500
D) $5,300

Correct Answer:

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