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QUESTION 7 Armer Company is accumulating data to use in preparing its annual profit plan for the coming year. The cost behavior pattern of the

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QUESTION 7 Armer Company is accumulating data to use in preparing its annual profit plan for the coming year. The cost behavior pattern of the maintenance costs must be determined. The accounting stait has suggested the use of linear regression to derive an equation for maintenance hours and costs. Data regarding the maintenance hours and costs for the last year and the results of the regression analysis follow: Mais Machine Cou Hoon Jad S4200 40 Feh 3.000 M 10 400 A so MY so Now JO ANE 4.610 200 4350 90 401 11 Te 24 4310 40 3.00 16 Same the M40 for 0.105 The coefficient of determination for Armer's repression equation for the maintenance activities is (0.99724 34.469/49,515 0.99724 Click Save and Submit tone and submit. Click Saw All Arto e alla

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