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Required information [The following information applies to the questions displayed below.) Felix & Company reports the following information. Units Produced Total Costs Period 1
Required information [The following information applies to the questions displayed below.) Felix & Company reports the following information. Units Produced Total Costs Period 1 2 0 780 $ 4,880 4,180 3 1,180 4,580 4 1,580 5,180 5 1,980 4,280 6 2,380 4,480 7 2,780 8,980 8 3,180 16,380 9 3,580 5,180 10 3,980 14,830 Use spreadsheet software to use ordinary least-squares regression to estimate the cost equation, including fixed and variable cost amounts. Cost equation= per unit
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