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The Salinas 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 60,000 $ 7,400 February 50,000 $ 6,500 March 70,000 $ 7,000 April 90,000 $ 9,200 May 80,000 $ 7,600 June 100,000 $ 8,500 July 120,000 $10,000 August 110,000 $ 9,800 Collapse question part (a) Assuming the line intersects the y-axis at $3,500 and using the May activity levels what is the equation of the line that would be drawn for a scattergraph. (Round variable cost to 5 decimal places, e.g. 15.25134 and fixed cost to 0 decimal places, e.g 1526.) y = $ /copy + $
Financial Statement Analysis and Preparation
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Computation of Free Cash Flow
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