Bennet Company Employs 20 Individuals

question 64

Multiple Choice

Bennet Company employs 20 individuals. Eighteen employees are paid $18 per hour and the rest are salaried employees paid $3,000 a month. Which of the following is the total cost function of personnel?

• A) y = a + bX
• B) y = b
• C) y = bX
• D) y = a