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ABC Corporation uses the cost formula Y = $ 5 , 3 0 0 + $ 0 . 6 0 x for the maintenance cost,

ABC Corporation uses the cost formula Y=$5,300+$0.60x for the maintenance cost, where x is machine-hours. The August budget is based on 8,000
hours of planned machine time. The maintenance cost expected to be incurred during August is:
Multiple Choice
$10,100
$4,800
$500
$5,300
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