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Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five
Donner Company would like to estimate the variable and fixed components of its maintenance costs and has compiled the following data for the last five months of operations Labor Maintenance January February March April May Hours 200 170 220 230 150 Cost $697 $713 $716 $823 $644 Using the least-squares regression method, the estimated variable cost per labor hour for maintenance is closest to
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