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Write a Linear Cost Function Equation for Each of the Following

Question 177

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Write a linear cost function equation for each of the following conditions.Use y for estimated costs and X for activity of the cost driver.a.Direct materials cost is $1.50 per kilogram.
b.Direct labor cost is $33.50 per hour.
c.Auto rental has a fixed fee of $150.00 per day plus $1.00 per kilometre driven. Write a linear cost function equation for each of the following conditions.Use y for estimated costs and X for activity of the cost driver.a.Direct materials cost is $1.50 per kilogram. b.Direct labor cost is $33.50 per hour. c.Auto rental has a fixed fee of $150.00 per day plus $1.00 per kilometre driven.

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a.y = $1.50X
b.y = $...

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