Given the Following Four Cost Behaviors and Expected Levels of Cost-

question 115

Essay

Given the following four cost behaviors and expected levels of cost- driver activity, predict total costs.
a. Fuel costs of driving vehicles, $0.37 per mile, driven 20,000 mile per month
b. Computer rental cost, $500 per piece of equipment per month for three computers for four months
c. Crew supervisors' costs, where a new supervisor is hired for each 10 workers employed; the supervisors are paid $50,000 per year and there were 82 workers employed.
d. Purchasing department cost for 4,000 orders in one month. Its cost function is $8,000 per month plus $7 per material order processed.

---

Definitions:

Obesity Rates

The percentage of a population that is significantly overweight, with a body mass index (BMI) of 30 or higher, indicating a larger issue of public health and nutrition.

Labour Pool

The total number of individuals available for employment or work in a specific area or industry.

Work Force

The labor pool in employment; it comprises individuals engaged in or available for work, either in a country or in a specific sector.

Population Decline

A decrease in the number of individuals in a species or population, often due to environmental pressures, loss of habitat, or human activities.