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Assume that the cost driver is number of opening shows

Question: Mixed Costs and Cost Formula Refer to the information for Ben Palman's art gallery on the previous page.

Required: 1. Assume that the cost driver is number of opening shows. Develop the cost formula for the gallery's costs for a year.

2. Using the formula developed in Requirement 1, what is the total cost for Ben in a year with 12 opening shows? With 14 opening shows?

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Accounting Basics: Assume that the cost driver is number of opening shows

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Accounting Basics: Assume that the cost driver is number of opening shows

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