Identify the linear cost function equation

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Problem

The Wildcat Company has provided the following information:

Direct materials

$180,000

$252,000

Workers' wages

1,080,000

1,512,000

Supervisors' salaries

312,000

312,000

Equipment depreciation

151,200

151,200

Maintenance

81,600

110,400

Utilities

384,000

528,000

Total   

$2,188,800

$2,865,600

Using the high-low method and the information provided above, identify the linear cost function equation.

Reference no: EM131806281

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