Write a Cost Estimating Equation for Each of the Following

question 75

Essay

Write a cost estimating equation for each of the following conditions. Use y for estimated costs and X for activity of the cost driver. a. Direct manufacturing labour is $20 per hour.
B) Direct materials cost $8.00 per cubic metre.
C) Utilities have a minimum charge of $2,000 plus a charge of $0.05 per kilowatt hour.
D) Factory supplies average $10 per day plus $1.00 for each machine-hour per day.
E) Total manufacturing amortization includes $5,000 for straight-line plant amortization plus machinery amortization of $100 for each day operated.

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