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classification method to compile the following information. Depreciation schedules revealed that monthly depreciation on buildings and equipment is $19,000. Inspection of several invoices from meat
classification method to compile the following information. Depreciation schedules revealed that monthly depreciation on buildings and equipment is $19,000. Inspection of several invoices from meat packers indicated that meat costs the company $1.10 per pound of sausage produced. Wage records showed that compensation for production employees costs $0.70 per pound of sausage produced. Payroll records showed that supervisory salaries total $10,000 per month. Utility bills revealed that the company incurs utility costs of $4,000 per month plus $0.20 per pound of sausage produced. Write a cost formula to express the cost behavior of the firms production costs. (Use the formula Y = a +
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