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The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month January February March
The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year. Month January February March April May Number of Copies 40,000 35,000 60,000 80,000 85,000 75,000 82,000 105,000 Total Copy Cost $ 3,500 $ 3,200 $ 4,100 $ 5,100 $ 5,600 $ 4,800 $ 5,300 $ 6,000 June July August Assuming the line intersects the y-axis at $2,000 and using the January activity levels what is the equation of the line that would be drawn for a scattergraph. (Rou variable cost to 4 decimal places, e.g. 15.2513 and fixed cost to o decimal places, e.g 1526.) ys /copy + $ LINK TO TEXT LINK TO VIDEO Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places, e.g. 15.25.) Variable cost per copy LINK TO TEXT LINK TO VIDEO Using the high-low method, what is the fixed cost per month? Fixed costs LINK TO TEXT LINK TO VIDEO Using the high-low method, represent the cost function with a cost equation of the form y = mx + b. cost to o decimal places, e.g 1526.) Cost equation y a
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