Baylor Balloon Bouquets incurred the following monthly costs.
|
|
|
Bouquets Sold |
|
|
|
5,000 |
|
|
7,500 |
|
|
10,000 |
|
| Balloons (10 per bouquet) |
|
|
$ |
10,000 |
|
|
$ |
15,000 |
|
|
$ |
20,000 |
|
| Insurance |
|
|
$ |
5,000 |
|
|
$ |
5,000 |
|
|
$ |
5,000 |
|
| Delivery |
|
|
$ |
5,500 |
|
|
$ |
8,000 |
|
|
$ |
10,500 |
|
| Employee compensation |
|
|
$ |
10,000 |
|
|
$ |
13,000 |
|
|
$ |
16,000 |
|
| Advertising |
|
|
$ |
1,500 |
|
|
$ |
1,500 |
|
|
$ |
1,500 |
Using the formy = mx + b, estimate the cost formula for each cost incurred by Baylor Balloon Bouquets.
(Round unit cost to 2 decimal places, e.g. 12.25. If the cost equation has no variable component enter 0 for the amount.)
| Balloons |
|
y = |
$ x |
+ |
$ |
| Insurance |
|
y = |
$ x |
+ |
$ |
| Delivery |
|
y = |
$ x |
+ |
$ |
| Employee compensation |
|
y = |
$ x |
+ |
$ |
| Advertising |
|
y = |
$ x |
+ |
$ |