Answered step by step
Verified Expert Solution
Question
1 Approved Answer
J&J have 40 staff. 30 are paid $29 an hour and others are fixed salary staff with $7,500 paid monthly. What is the total cost
J&J have 40 staff. 30 are paid $29 an hour and others are fixed salary staff with $7,500 paid monthly. What is the total cost of personnel?
The cost of a pen includes $30 for the glass, $75 for the wooden frame, and $80 for assembly. The assembly desk and tools cost $5000. Two hundred fifty frames are expected to be produced in the coming year. What cost function best represents these costs?
Using cost function Y = a + bX, If Y = $75,000, a = $30,000, and X = 2,500, what is b?
For the linear equation of Y = a + bX, X is known as?
level of activity | total cost | units of activity |
highest | 28000 | 15000 |
lowest | 22000 | 10000 |
diff | 6000 | 5000 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started