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accounting 2 questions Macomb Inc. used Excel to run a least-squares regression analysis on the production cost data resulting in the following output: Regression Statistics

accounting 2 questions

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Macomb Inc. used Excel to run a least-squares regression analysis on the production cost data resulting in the following output: Regression Statistics Multiple R 0 . 9814 R Square 0 . 9576 Observations 30 Coefficients Standard Error T Stat P-Value Intercept 174 , 182 60 , 782 2. 87 0 . 020 Production units (X) 11. 93 0. 9256 12. 89 0 . 000 What total cost would Macomb predict for a month in which production is 2,000 units? Multiple Choice O $23,039 O $62,633 O $174,902 O $198,042Oakland Corp. has a selling price of $26 per unit, variable costs of $20 per unit, and total fixed costs of $33,600 per year. What sales revenue is needed to break-even? Multiple Choice 0 $5,600 $145,500 0 0 $112,000 0 3556.000

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