Business, 02.03.2020 19:20, dugochukwu12

Select 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 $1.40 per poundb. Total cost is fixed at $ 8 comma 500 per month regardless of the number of units produced. c.Auto rental has a fixed fee of $70.00 per day plus $2.00 per mile driven. d.Machine operating costs include $1 comma 600 of maintenance per month, and $10.00 of coolant usage costs for each day the machinery is in operation.

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Select a linear cost function equation for each of the following conditions. Use y for estimated cos...