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    arondo's Avatar
    arondo Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 2, 2007, 09:57 AM
    Total cost
    Harry's Seafood used high-low data from Juhe and July to determine its variable cost of $15 per unit. Additional info follows:
    Month -- Units Produced -- Total Costs
    June -- 2,000 -- $40,000
    July -- 1,000 -- $25,000

    If Harry produces 2,300 units in August, how much is its total cost expected to be?
    SBowman's Avatar
    SBowman Posts: 71, Reputation: 6
    Junior Member
    		  
    #2

    Mar 2, 2007, 10:31 AM
    I'm sure this is wrong, but:

    The pattern seems to be (x*15) + 10000 whereas the X is the number of units produced. My answer is 44,500 due to formula, but I'd like it if someone could take a look at that for me.
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