Global Publishers Has Collected the Following Data for Recent Months

question 14

Essay

Global Publishers has collected the following data for recent months:
Required:
a Using the high-low method, find variable cost per unit, total fixed costs, and the total cost equation.
b What is the estimated cost for a month in which 19,000 issues are published?

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Definitions:

Productivity

The efficiency of production of goods or services measured by the output per unit of input.

ERG Theory

A motivation theory developed by Clayton Alderfer that categorizes human needs into three groups: Existence, Relatedness, and Growth, suggesting individuals are motivated by these needs in a hierarchical fashion.

VIE Theory

A psychological theory proposing that an individual's motivational force is determined by the perceived value of the outcome, the expectancy of achieving the outcome, and the instrumentality of the action.

Need-Based Theories

Psychological theories that focus on understanding human needs and how they influence behavior, particularly in the context of motivation.