Multiple Choice
Runaround Corporation sells running shoes and during January they ran production machines for 20,000 hours total and incurred $9,000 in maintenance costs. During July they ran production machines for 14,000 hours total and incurred $7,200 in maintenance costs. Based on this data, what is the variable maintenance cost per machine hour?
A) $0.45 per machine hour
B) $0.30 per machine hour
C) $0.51 per machine hour
D) $3.33 per machine hour
Correct Answer:

Verified
Correct Answer:
Verified
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3059/.jpg" alt=" Cost C is
Q101: Which of the following is a characteristic
Q102: Stanley's Bicycles store buys bicycles on average
Q103: What will happen to the contribution margin
Q104: The Akron Slugger Company produces various types
Q106: At Dwight Incorporated, total fixed and variable
Q107: What factor related to manufacturing costs causes
Q108: Valle Crucis Corporation wanted to determine the
Q109: The cost equation determined using the high-low
Q110: Total fixed costs for Randolph Manufacturing are