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Lincoln Legal is concerned about how high its copying costs have become. The company's copier lease stipulates a monthly rental fee and a per copy
Lincoln Legal is concerned about how high its copying costs have become. The company's copier lease stipulates a monthly rental fee and a per copy usage fee. The company's new accountant conducted a regression analysis using the last three year's of data which generated the following information:
Slope = $.015
Intercept = $685
If Macey expects to make 115,000 copies next month, what is the estimated copier expense? ROUND YOUR ANSWER TO WHOLE DOLLARS.
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