Question
Lacourse Inc.'s inspection costs are listed below: Units Produced Inspection Costs January 426 $ 6,122 February 376 $ 5,635 March 445 $ 6,337 April 460
Lacourse Inc.'s inspection costs are listed below: Units Produced Inspection Costs January 426 $ 6,122 February 376 $ 5,635 March 445 $ 6,337 April 460 $ 6,475 May 402 $ 5,885 June 377 $ 5,638 July 452 $ 6,402 August 403 $ 5,898 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:
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Nessus Network Auditing
Authors: Russ Rogers
2nd Edition
1597492086, 978-1597492089
