Homework Answers
Cost Formula =
Y= a+bx
a=Interecept (Fixed cost )
b= Varaible cost ( Slope)
Answers
1) Y= $ 19,050 + $12 X
2) Cost of Moving for 340 Moves = $19,050+(12*340) = 23,130 (Answer)
3) Variablity in Moving = 0.91^2 =82.81%(Answer)
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