Homework Answers
| 1) Total cost of receiving = $183800+ ($295 X no of parts inspected) | ||||||
| 2) cost formula | ||||||
| Independent variable | number of parts inspected | |||||
| dependent variable | cost of receiving parts | |||||
| variable rate per professional hour | $295 per part inspected | |||||
| Fixed cost per month | $183800 | |||||
| 3) Total cost of receiving | ||||||
| variable cost (7200*295) | 2124000 | |||||
| Fixed cost | 183800 | |||||
| Total cost of receiving | 2307800 | |||||
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#1
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#1
#2
#3
Please show work
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