The Aust Corporation has gathered the following data on its copy machine costs for the first eight months of the year.
Month Number of Copies Total Copy Cost
January 40,000 $ 3,500
February 35,000 $ 3,200
March 60,000 $ 4,100
April 80,000 $ 5,100
May 85,000 $ 5,600
June 75,000 $ 4,800
July 82,000 $ 5,300
August 105,000 $ 6,000
Required:
1. Assuming the line intersects the y-axis at $2,000 and using the January activity levels, what is the equation of the line that would be drawn for a scattergraph. (Round variable cost to 4 decimal places, e. g. 15.2513 and fixed cost to 0 decimal places, e. g 1526.)
2. Using the high-low method, what is the variable cost per copy? (Round answer to 2 decimal places, e. g. 15.25.)

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?