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Question One: In Alpha manufacturing company, the machine hours for one month amounted 1,000 and total cost of maintenance amounted $5,000. If the machine hours
Question One: In Alpha manufacturing company, the machine hours for one month amounted 1,000 and total cost of maintenance amounted $5,000. If the machine hours (cost driver) is duplicated, the total cost will increase by 50%. Required: 1. Estimate the cost function and comment on it. 2. Estimate the machine hours if total cost of maintenance amounted $10000
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