Question Details

What is the estimated total labor costs at Divaxo Company



Answer the following questions using the information below: 

For Divaxo Company, labor-hours are 30,000 and wages $130,000 at the high point of the relevant range, and labor-hours are 18,000 and wages $85,000 at the low point of the relevant range.

1) What is the slope coefficient?
A) $4.45 
B) $3.75 
C) $4.33 
D) $4.72 

2) What is the constant? 
A) $17,500 
B) $45,000 
C) $7,000 
D) $4,375


3) What is the estimated total labor costs at Divaxo Company when 11,000 labor-hours are used? 
A) $51,944 
B) $58,750 
C) $56,270 
D) $52,042 





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