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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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Posts: 4603
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9 years ago
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 materials cost is $1.70 per pound
b.   Total cost is fixed at $8,000 per month regardless of the number of units produced.
c.   Auto rental has a fixed fee of $80.00 per day plus $2.00 per mile driven.
d.   Machine operating costs include $1,000 of maintenance per month, and $12.00 of coolant usage costs for each day the machinery is in operation.
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
Authors:
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cyborgcyborg
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#1
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9 years ago
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jerico Author
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#2
9 years ago
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.
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#3
9 years ago
Cool! No problem.
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#4
4 years ago
Thank you
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