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9. The following activity and cost data that were provided by Hoist Corporation would help in estimating its future maintenance costs: Units Maintenance Cost Units

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9. The following activity and cost data that were provided by Hoist Corporation would help in estimating its future maintenance costs: Units Maintenance Cost Units Maintenance Cost 3 P 450 11 P 640 7 530 15 700 Using the least-squares regression method to estimate the cost formula, the expected total cost for an activity level of 10 units would be closest to: a. P612.50 b. P581.82 c. P595.84 d. P601.50 e. None of the choices

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