Question
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
| 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 2016, what is the projected total cost? |
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Cost Management
Authors: Don R Hansen, Maryanne M Mowen, Dan L Heitger
5th Edition
357141091, 978-0357141090
