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Bayt, Incorporated recently conducted a least-squares regression analysis to predict selling expenses. The company has constructed the following regression equation: Y = 329,000 + 7.80X.

Bayt, Incorporated recently conducted a least-squares regression analysis to predict selling expenses. The company has constructed the following regression equation: Y = 329,000 + 7.80X. If the primary cost driver is number of units sold, which of the following statements is false ? Group of answer choices The company anticipates $329,000 of fixed selling expenses "Y" represents total selling expenses The company expects both variable and fixed selling expenses For each unit sold, total selling expenses will increase by $7.80 "X" represents the number of hours worked during the period

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