cost equation?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Total cost and number of units in the first seven months of 2020 are given below. According to this information, which of the following is
the cost equation?
Periods
Total Cost No.of Units
January
45,750
500
February
46,305
510
March
46,860
520
April
48,248
545
May
49,358
565
June
50,190
580
July
51,855
610
Select one:
O a. Y=19000+52.5*X
O b. Y=18000+55.5*X
O C. Y-21000+50*X
O d. Y=22500+48.3*X
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