Question: Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $12,373 2. Product costs are $0.79 per pound produced 3. Wages are $2.48 per pound produced 4. Supervisory Salaries total $11,578 per month 5. Utilities cost $2,839 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 1 2 pts A company's costs are shown below. What is total average cost per unit? 6,816 units $6,375 Total variable costs Total fixed costs ? ? Variable cost per unit Fixed cost per unit $2.40...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $12,503 2. Product costs...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $15,047 2. Product costs...

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 $11825 Product costs are...

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 $17528 Product costs are...

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...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $18,551 2. Product costs...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $18323 2. Product costs...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $18,373 2. Product costs...

Let's try to determine the cost function for another company like ABC who makes sausages. Assume costs are as follows: 1. Monthly depreciation on buildings and equipment is $17,029 2. Product costs...

f(x) = miles traveled per gallon (mpg) of fuel used by the truck f(x)= 13+.03 x - 30 inflating from 30 to 40 pounds or inflating from 40 to 50 pounds? What does that tell you about the effects of...

Show the structures of the polymers that could be made from the following monomers (yellow-green =Cl): (b) (a)

I need help creating a detailed financial spreadsheet for my business project in my marketing class. I've attached my business plan, a template of how I'd like it structured, and another spreadsheet...

rlease answer the following questions: - Explain the difference between leading and managing a project?

consider your role and influences as a researcher;

identify the different components of an effective research project and the skills needed;

1. Could this accident have been prevented? If yes, how? If no, why not? Ramona McKenzie is on her way to work on a cloudy Monday morning when she gets the call on her cell phone that no human...