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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