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Calculate the average and incremental cost

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Kim and Pat underwrite insurance. Each underwrites 50 accounts per month. Each account takes 4 hours to underwrite. The value of their time is $40 per hour. Monthly costs for each are $1500 for an office, $2000 for a receptionist, and $2400 for a secretary. Calculate the average and incremental cost per case for Kim and Pat.

Reference no: EM131091610

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