Luisa Rentals offers machine rental services for concrete cutting. Consider the following costs of the company over the relevant range of 4,000 to 10,000 hours of operating time for its concrete...

Luisa Rentals offers machine rental services for concrete cutting. Consider the following costs of the company over the relevant range of 4,000 to 10,000 hours of operating time for its concrete cutting equipment.

Hours of Operating Time

4,000

5,000

8,000

10,000

Total Costs:

Variable Costs	$ 20,000	?	?	?
Fixed Costs	82,000	?	?	?
Total Costs	$102,000	?	?	?

Cost per hour:

Variable cost	?	?	?	?
Fixed cost	?	?	?	?
Total cost per hour	?	?	?	?

What are the estimated total costs at a volume of 5,000 hours?

Jun 10, 2022

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Luisa Rentals offers machine rental services for concrete cutting. Consider the following costs of the company over the relevant range of 4,000 to 10,000 hours of operating time for its concrete...

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