Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: ashly138 on Nov 6, 2017



Title: Compute the estimated costs for each of the following equations assuming the following costs for ...
Post by: ashly138 on Nov 6, 2017
Compute the estimated costs for each of the following equations assuming the following costs for July:

Fixed manufacturing cost   $80,000
Variable cost per machine-hour   6
Number of hours used   2,000

In addition, state whether each is for a variable, fixed, or mixed cost.
a.   Total estimated costs = intercept
b.   Total estimated costs = constant
c.   Total estimated costs = constant + (slope × cost driver)
d.   Total estimated costs = slope coefficient × cost driver

In addition, state whether each is for a variable, fixed, or mixed cost.


Title: Re: Compute the estimated costs for each of the following equations assuming the following costs for ...
Post by: GarretA on Nov 6, 2017
Content hidden