Question: 8 Consider the following mixed cost function, written in the standard Y = a + bx format: 32,500 = 25000 + 15(500) What is the
| 8 | Consider the following mixed cost function, written in the standard "Y = a + bx" format: 32,500 = 25000 + 15(500) What is the total fixed cost and what is the variable cost per unit, in dollars? | ||||||||||
| A | 32,500 total fixed cost and 25,000 variable cost per unit | ||||||||||
| B | 500 total fixed cost and 32,500 variable cost per unit | ||||||||||
| C | 15 total fixed cost and 500 variable cost per unit | ||||||||||
| D | 25,000 total fixed cost and 15 variable cost per unit | ||||||||||
| Answer | |||||||||||
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