Estimate the cost formula for each cost incurred by baylor

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Reference no: EM131190872

Baylor Balloon Bouquets incurred the following monthly costs.

	Bouquets Sold
	5,000		7,500		10,000
Balloons (10 per bouquet)	$	10,000	$	15,000	$	20,000
Insurance	$	5,000	$	5,000	$	5,000
Delivery	$	5,500	$	8,000	$	10,500
Employee compensation	$	10,000	$	13,000	$	16,000
Advertising	$	1,500	$	1,500	$	1,500

Using the formy = mx + b, estimate the cost formula for each cost incurred by Baylor Balloon Bouquets.(Round unit cost to 2 decimal places, e.g. 12.25. If the cost equation has no variable component enter 0 for the amount.)

Balloons	y =	$ x	+	$
Insurance	y =	$ x	+	$
Delivery	y =	$ x	+	$
Employee compensation	y =	$ x	+	$
Advertising	y =	$ x	+	$

Reference no: EM131190872

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