QUESTION 14 Luke Limited manufactures widgets. It has established its cost function as y=8,000 +...
70.2K
Verified Solution
Link Copied!
Question
Accounting
QUESTION 14 Luke Limited manufactures widgets. It has established its cost function as y=8,000 + 4x, where 8,000 is the fixed cost per month, and 4 is the variable cost per widget. In the month of July Luke is planning to manufacture 4.000 widgets. What is the total expected cost for July? O a. 24,000 b. 8.000 O c. 16,000 e d. 20.000
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
