Given the cost formula Y = $15,000 + $5X,what is the total cost at an activity level of 8,000 units?
A) $15,000.
B) $23,000.
C) $40,000.
D) $55,000.

Name: Given the cost formula Y = $15,000 + $5X,what is the total cost at an activity level of 8,000 units? A) $15,000. B) $23,000. C) $40,000. D) $55,000.
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Question

Quizplus · Accepted Answer

The total cost at an activity level of 8,000 units is calculated by substituting X with 8,000 in the cost formula Y = $15,000 + $5X. This gives Y = $15,000 + $5(8,000) = $15,000 + $40,000 = $55,000.

Given the Cost Formula Y = $15,000 + $5X,what Is