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Loca Inc. was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs. Coefficient Standard Error t-Stat
Loca Inc. was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs. Coefficient Standard Error t-Stat Intercept X Variable 1 100 71.94 1.39 200 91.74 2.18 r2 = 0.82 What is the estimated cost of producing the 1,000 cases of cola? 1) $91,812 2) $200,100 3) $72,032 4) $100,200
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