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Compute the Estimated Costs for Each of the Following Equations

Question 16

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Compute the estimated costs for each of the following equations, assuming the following costs for July:
Compute the estimated costs for each of the following equations, assuming the following costs for July:    In addition, state whether each is for a variable, fixed, or mixed cost.a.Total estimated costs = intercept b.Total estimated costs = constant c.Total estimated costs = constant + (slope × cost driver) d.Total estimated costs = slope coefficient × cost driver In addition, state whether each is for a variable, fixed, or mixed cost.a.Total estimated costs = intercept
b.Total estimated costs = constant
c.Total estimated costs = constant + (slope × cost driver)
d.Total estimated costs = slope coefficient × cost driver

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a.fixed, $40,000
b.fixed, $40,...

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