Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Nickolas Rentals offers machine rental services for concrete cutting.
Nickolas Rentals offers machine rental services for concrete cutting. Consider the following costs of the company over the relevant range of 5,000 to 8,000 hours of operating time for its concrete cutting equipment.
Hours of Operating Time
5,0008,000
Total Costs:
Variable Costs
$ 40,000
Fixed Costs
168,000
Total Costs????
$208000
What are the estimated total fixed costs at a volume of 8,000 hours?
