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



Title: Write a linear cost function equation for each of the following conditions. Use y for estimated ...
Post by: StormLrd on Nov 6, 2017
Write a linear cost function equation for each of the following conditions. Use y for estimated costs and X for activity of the cost driver.

a.   Direct manufacturing labour is $20 per hour.
b.   Direct materials cost $8.00 per cubic metre.
c.   Utilities have a minimum charge of $2,000 plus a charge of $0.05 per kilowatt hour.
d.   Factory supplies average $10 per day plus $1.00 for each machine-hour per day.
e.   Total manufacturing amortization includes $5,000 for straight-line plant amortization plus machinery    amortization of $100 for each day operated.


Title: Re: Write a linear cost function equation for each of the following conditions. Use y for estimated ...
Post by: GarretA on Nov 6, 2017
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