Deidoro Company Has Provided the Following Data for Maintenance Cost

question 77

Multiple Choice

Deidoro Company has provided the following data for maintenance cost: Maintenance cost is a mixed cost with variable and fixed components. The fixed and variable components of maintenance cost are closest to: (Round your intermediate calculations to 2 decimal places.)

• A) $26,600 per year; $3.10 per machine hour
• B) $9,000 per year; $2.20 per machine hour
• C) $9,000 per year; $3.10 per machine hour
• D) $26,600 per year; $2.20 per machine hour

---

Definitions:

Deposit Monthly

Refers to putting a certain amount of money into a financial account or investment regularly every month.

Goal

An objective or desired result that a person or a system envisions, plans, and commits to achieve.

Compounded Semi-annually

A method of calculating interest in which interest is compounded to the principal amount semi-annually.

Quarterly Payments

Payments made four times a year at three-month intervals.