Smelly Cat Shoe Spray Company sells air freshener for running shoes. During June, they ran production machines for 25,000 hours total and incurred $15,000 in maintenance costs. During July they ran production machines for 13,000 hours total and incurred $9,000 in maintenance costs. Based on this data, what is the cost formula for maintenance costs?     y = $2.00 X + $6,500     Cannot determine from the information given.     y = $0.50 X + $2,500     y = $0.48 X + $2,760

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Chapter2: Building Blocks Of Managerial Accounting
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Smelly Cat Shoe Spray Company sells air freshener for running shoes. During June, they ran production machines for 25,000 hours total and incurred $15,000 in maintenance costs. During July they ran production machines for 13,000 hours total and incurred $9,000 in maintenance costs. Based on this data, what is the cost formula for maintenance costs?

   

y = $2.00 X + $6,500

   

Cannot determine from the information given.

   

y = $0.50 X + $2,500

   

y = $0.48 X + $2,760

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