For April, the Month Just Ended, the Cost Components to Make

question 247

Multiple Choice

For April, the month just ended, the cost components to make tapes were $2 per tape plus fixed costs of $10,000.One thousand tapes were produced.For May the cost to make tapes will be $2.20 per tape plus fixed costs of $10,000.Fifteen hundred tapes are expected to be produced.What are the estimates for the intercept and slope coefficient for May, respectively?

• A)$2.00 and $10,000.00
• B)$2.20 and $10,000.00
• C)$10,000.00 and $2.00
• D)$10,000.00 and $2.20
• E)$22,000 and $10,000

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