Question: Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: Monthly depreciation on buildings and

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows:

Monthly depreciation on buildings and equipment is $10395

Product costs are $1.77 per pound produced

Wages are $2.86 per pound produced

Supervisory Salaries total $12986 per month

Utilities cost $3661 per month plus $.20 per pound produced.

What is the fixed cost portion of their cost formula? (in other words, what is the "f" in y = f + vx) Round your answer to two decimal places. Don't enter dollar signs.

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