Essay
Brandon Company constructed the following cost formula for its monthly janitorial cost.
Total monthly janitorial cost = $5,000 + ($.48 × units of output)
Required:
A. Identify the independent variable.
B. Identify the dependant variable.
C. Identify the intercept.
D. Identify the slope.
E. Compute the total janitorial cost if Brandon produces 10,000 units of output next year.
Correct Answer:
Verified
Correct Answer:
Verified
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