Question: Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION RESOURCES Problem 2-20 (Part Level Submission) The Aust Corporation has gathered the following data on its copy machine
Open Assignment CALCULATOR FULL SCREEN PRINTER VERSION RESOURCES Problem 2-20 (Part Level Submission) The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Total Copy Cost 2 (Part Month January February March $3.500 $3,200 $4,100 Number of Coples 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 s by Study April May June August 6,000 (a) Your answer is correct. Assuming the line intersects the y-axis at $2,000 and using the January activity levels what is the equation of the line that would be drawn for a scattergraph. (Round variable cost to 4 decimal places, e.g. 15.2513 and fixed cost to o decimal places, e.g 1526.) Y- 0.0375 2,000 Attempts: 1 of 15 used (b) Your answer is correct. Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places Variable cost 0.04 per copy LINK TO TEXT Attempts: 1 of 15 used Using the high-low method, what is the fixed cost per month? Fixed cost Attempts: 0 of 15 used SAVE FOR
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