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Compute the Estimated Costs for Each of the Following Equations,assuming

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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

Correct Answer:

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a.fixed,$40,000
b.fixed,$40,00...

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