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5. ABC Corporation reports the following data for the first six months of the year Machine Electrical Month Hours Cost January February March April May
5. ABC Corporation reports the following data for the first six months of the year Machine Electrical Month Hours Cost January February March April May June 400 300 400 300 200 200 S40 S30 $50 S40 S30 $20 Using the least-squares regression method, the estimated variable electrical cost per machine hour a. b. Using the least-squares regression method, the estimated monthly fixed component of the electrical cost
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