The following cost data for different hours of operation s are made available to you by ABC for your analysis:
Number of Months |
10 |
Sum of Hours |
350 |
Sum of Costs |
1,000 |
Sum of Hours x Costs |
39,200 |
Sum of Hours Squared |
14,250 |
How much is the monthly fixed cost?
Group of answer choices
318
26.50
420
35
Correct answer is Option-B. $ 26.50
Explanation:
Get Answers For Free
Most questions answered within 1 hours.