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Question: Lacourse Inc.'s inspection costs are listed below: Units Produced Inspection Costs January...

Lacourse Inc.'s inspection costs are listed below:

	Units Produced			Inspection Costs
January	430			$	6,130
February	380			$	5,639
March	449			$	6,345
April	464			$	6,483
May	406			$	5,889
June	381			$	5,642
July	456			$	6,410
August	407			$	5,902

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the least-squares regression method, the estimate of the fixed component of inspection cost per month is closest to:

Multiple Choice

$1,759

$1,801

$5,639

$5,813