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Which of the following is the total mixed cost equation for a factory where machine operating costs include $300,000 of machine depreciation per year, plus
Which of the following is the total mixed cost equation for a factory where machine operating costs include $300,000 of machine depreciation per year, plus $70 of utility costs for each day the machinery is in operation?
Y = $300,000 + $70X | ||
Y = 300,000X | ||
Y = $70X | ||
Y = $300,000 - $70X | ||
None of the answer choices is correct. |
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