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 $18323 2. Product costs are $0.91 per pound produced 3. Wages are $1.64 per pound produced 4. Supervisory Salaries total $10015 per month 5. Utilities cost $2070 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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