Question
Brief Exercise 8-22 [LO 8-3] Jamison Construction has implemented a cost estimation system using regression analysis. The variable cost per hour of labor is $39
Brief Exercise 8-22 [LO 8-3]
Jamison Construction has implemented a cost estimation system using regression analysis. The variable cost per hour of labor is $39 and the fixed cost was determined to be $256,000. If Jamison projects it will be working 152,000 hours in 2019, what is the projected total cost?
Total Cost ______
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GAO Financial Audit Manual Volume 3 June 2018
Authors: United States Government GAO
2018 Edition
979-8733166001
