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dpazmembreno
07.01.2021 •
Business
Jamison Construction has implemented a cost estimation system using regression analysis. The variable cost per hour of labor is $35 and the fixed cost was determined to be $186,000. If Jamison projects it will be working 204,000 hours in 2019, what is the projected total cost
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Ответ:
$7,326,000
Explanation:
Calculation for what is the projected total cost
Using this formula
Projected total cost=(Projected hours*Variable cost per hour of labor)+Fixed cost
Let plug in the formula
Projected total cost=(204,000 hours*$35)+$186,000
Projected total cost=$7,140,000+$186,000
Projected total cost=$7,326,000
Therefore the projected total cost will be $7,326,000
Ответ:
A
Explanation: