Given the cost formula, y = $7,000 + $1.80x, total cost for an activity level of 4,000 units would be:

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04-07-2017
Business

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Given the cost formula, y = $7,000 + $1.80x, total cost for an activity level of 4,000 units would be:

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BlueSky06 BlueSky06 · Answer 1 · 2017-07-15T14:28:04+02:00

BlueSky06 BlueSky06

15-07-2017

The total cost for this certain activity level can be calculated by substituting 4000 to the x of the equation given above,
y = 7000 + 1.8(4000)
y = 14200

Thus, the total cost of the activity level is $14,200.

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