Answer:
Cost function = 40a + 500
Cost of 90 articles = $4,100
Step-by-step explanation:
The fixed cost is $500 and it will.not change regardless of production level.
The Variable cost is $40 and increases by every additional unit produced.
Assume the number of articles produced is a.
Cost function would be:
Total cost = Variable cost * Number of articles + Fixed cost
TC = 40a + 500
Using this, the cost of 90 articles is:
= 40 * 90 + 500
= $4,100
14x2=28
28 divided by 3 is 9.3
the answer is 9.3
Answer:
Step-by-step explanation:
(y-y1)=m(x-x1)
(y-2)=-3(x-0)
y=-3x-0+2
y=-3x+2
Total cost job=
Retail price of parts+labor cost+manufacturing overhead
Total cost job 82
Retail price of parts 0
Labor cost=7.5×6.5=48.75
Manufacturing overhead ?
82=0+48.75+?
?=82−48.75
?=33.25
Manufacturing overhead is 33.25
Now find manufacturing overhead rate from the cost of labor
33.25÷48.75=0.682×100=68.2%
The answer 68.2%