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 $17,029 2. Product costs are $1.95 per pound produced 3. Wages are $2.88 per pound produced 4. Supervisory Salaries total $10,207 per month 5. Utilities cost $3,404 per month plus $.20 per pound produced. What is the variable cost portion of their cost formula? (in other words, what is the "V" in y = f + vx) Enter your answer to two decimal places, and don't include dollar signs

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