Data from the payroll department of Dominguez Company for the past two months follow: a. Sketch a
Question:
Data from the payroll department of Dominguez Company for the past two months follow:
a. Sketch a line describing these costs as a function of the number of employees paid.
b. What is the apparent variable cost per employee paid?
c. The line should indicate that these costs are semi variable. What is the apparent fixed cost per month of running the payroll department during November and December?
Transcribed Image Text:
Number of Employees Paid 6,000 9,000 Payroll Department Costs $12,000 15,000 November December
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a Slope rise run 15000 120009000 employees 6000 employees 1 Intercept a cost data point sl...View the full answer
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Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-1111571269
11th edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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