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Runaround Corporation sells running shoes and during January they ran production machines for 24,000 hours total and incurred $14,000 in maintenance costs. During July they
Runaround Corporation sells running shoes and during January they ran production machines for 24,000 hours total and incurred $14,000
in maintenance costs. During July they ran production machines for 11,000 hours total and incurred $8,600 in maintenance costs.
Based on this data, what is the cost formula for maintenance costs? (Round intermediary calculations to the nearest cent.)
A. y = $1.85 X + $37,300
B. y =$0.42 X + $3,920
C.y = $0.61 X + $14,000
D.Cannot determine from the information given.
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