Question
Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost January 10,000 $15,000 February 8,000
Mace Company accumulates the following data concerning a mixed cost, using miles as the activity level.
|
| Miles Driven | Total Cost |
| January | 10,000 | $15,000 |
| February | 8,000 | 13,500 |
| March | 9,000 | 14,400 |
| April | 7,500 | 12,500 |
Compute the variable and fixed cost elements using REGRESSION ANALYSIS
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The Organic Farmers Business Handbook A Complete Guide To Managing Finances Crops And Staff And Making A Profit
Authors: Richard Wiswall
1st Edition
1603581421, 978-1603581424
