State and local governments in the United States share the costs of criminal justice by making ________ primarily a local functi
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Answer:
The fixed costs per month are $50,000.
Explanation:
The problem can be presented as a system of 2 equations with 2 variables:
Where:
<em>y</em> are the fixed costs,
<em>x </em>are the variable costs per unit produced.
You can solve the system by the method you like. In this case im using the Gaussian Elimination method.
We start with the following AX = b matrix.
We substract the second row by the first row.
We divide the second row by (-8000):
We substract the first row by 16,000 times the second:
Multiplying this reduced matrix by the X matrix to interpret the results:
We can say that Mendoza Company's has<em> y = $50,000</em> fixed costs and each unit costs <em>x = $1.875</em> to produce. Therefore the answer to the problem is $50,000.