Question: Entry Rules: Round your answer to two (2) decimal places. Examples: If your answer is $24,500.4718, enter 24500.47 If your answer is $24,500.4753, enter 24500.48
Entry Rules:
Round your answer to two (2) decimal places.
Examples:
If your answer is $24,500.4718, enter 24500.47
If your answer is $24,500.4753, enter 24500.48
If your answer is $24,500.00, enter 24500.00
If your answer is $0.4718, enter 0.47
If your answer is ZERO, enter 0.00
Never enter $ or , when inputting numerical answers
QUESTION:
Brittany Inc. manufactures fanny packs. Based on past experience, the company has found that total maintenance costs can be represented by the following formula:
Maintenance costs = $12,000 + $2.50 X
where X = the number of machine hours. Last year, the company produced 16,000 fanny packs and each one took 1 machine hour to produce.
Actual maintenance costs for the year were as expected.
What is the total maintenance costs incurred by the company last year?
_____
What is the total fixed maintenance costs incurred last year?
_____
What is the total variable maintenance costs incurred last year?
______
What is the maintenance cost per unit produced?
______
What is the fixed maintenance cost per unit?
______
What is the variable maintenance costs per unit?
______
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