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The utility costs for Pizza Parlour (PP) amounted to $12,520 and $16,040 in April and December respectively; during these months PP sold 24,000 and 32,000
The utility costs for Pizza Parlour (PP) amounted to $12,520 and $16,040 in April and December respectively; during these months PP sold 24,000 and 32,000 pizzas.
Required:
Using the highlow method, develop a cost equation for utility costs.
Utility cost (Y)___________ per month + __________ per pizza
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