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Laconic Company Manufactures Ultra Sound Equipment

Question 56

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Laconic Company manufactures ultra sound equipment.Based on past experience,Laconic has found that total annual repair and maintenance cost can be represented by the following formula: total annual repair and maintenance cost = $205,000 + $7.50x,where x = machine hours.Last year,Laconic incurred 145,000 machine hours.
Required:
Laconic Company manufactures ultra sound equipment.Based on past experience,Laconic has found that total annual repair and maintenance cost can be represented by the following formula: total annual repair and maintenance cost = $205,000 + $7.50x,where x = machine hours.Last year,Laconic incurred 145,000 machine hours. Required:

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