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Question: required information the following information applies to the questions displayed...

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Required information The following information applies to the questions displayed below.] Nations Capital Fitness, Inc. operates a chain of fitness centers in the Washington, D.C, area. The fims controller is accumulating data to be used in preparing its annual profit plan for the coming year. The cost behavior pattem of the firms equipment maintenance costs must be determined. The accounting staff has suggested the use of the high-low method develop an equation, in the form of Y - a + bX, for maintenance costs. Data regarding the maintenance hours and costs for last year are as follows: Hours of Maintenance Maintenance Month JanuarY February March April Nay June July August September October November December Service 530 470 260 480 350 430 330 440 490 370 370 340 4,860 Costs $ 5,045 4,250 2,750 4,320 3,020 4,160 3,080 3,590 3,970 3,280 3,200 3,080 $43,745 Total Average 405 3,645 Rounded 3. Compute the predicted maintenancę cost at 600 hours of activity. <Prex8 9 of 14 Next>
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