Question: Consider the following linear mixed-cost function: Y = $110,000 + $5, 50X Where: Y = total annual custodial cost X = number of patient-days What

Consider the following linear mixed-cost function: Y = $110,000 + $5,

Consider the following linear mixed-cost function: Y = $110,000 + $5, 50X Where: Y = total annual custodial cost X = number of patient-days What does the $5.50 represent? total fixed cost total variable cost fixed cost per patient-day variable cost per patient-day

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