1) x=1
2) x=2.9
3) x=-10
4) x=?
5) IDK

Putting the value of Y = 15

So, X = 200
Answer:
The equation for total cost function is
C(x)=100+270x
Step-by-step explanation:
Variable cost per per board =total cost per day-fixed cost per day/daily output
total cost per day is $5,500
fixed cost per day is $100
20 boards are produced per day
variable cost per board=($5,500-$100)/20=$270 per day
Total cost C(x)=fixed cost per day+ variable per board*number of daily output
Since daily output is represented also by x ,total cost function is given thus:
C(x)=100+270x
The table containing the data needed for this problem is attached on this answer. This data is used to determine the best fit line that is extracted from this multitude of points given. Best fit line is described as a line in which the variation of each point to the line is the minimum. We plot the data using MS Excel and is shown in the figure attached as well. We determine the trendline of the graph by the function in MS Excel. The equation of the trendline is expressed as <span>y = -26.059x + 722.63 in which the coefficient of determination, r^2 = 0.8947. </span>