Question

Ricwy corporation uses the cost formula y = $4,800 + $0.40x for the maintenance cost, where x is machine-hours. the august budget is based on 9,000 hours of planned machine time. maintenance cost expected to be incurred during august is:

Answer 1

Maintenance cost for Ricwy corporation is given by following equation y = $4800 + $0.40x, where x is machine hours As mentioned in the problem statement, 9000 machine hours are planned in august. Therefore, maintenance cost for this month can be calculated as, Cost (y) = $4800 + $0.40 X 9000 => y = $4800 + $3600 => y = $8400 So, the cost for august month is $8400

Answer 2

Given the Ricwy corporation maintenance cost is modeled by the formula y=4800+0.4x, the maintenance cost when x=9000 hours will be:

y=4800+0.4(9000)
y=4800+3600
y=$8400

The total maintenance cost for the month of August will be $8400