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The controller of the Branch Company is preparing the budget for 2018 and needs to estimato a cost function for delivery costs Information regarding delivery

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The controller of the Branch Company is preparing the budget for 2018 and needs to estimato a cost function for delivery costs Information regarding delivery costs incurred in the prior two months are Click the icon to view the information) Requirements 1. Estimate the cost function for delivery 2. Can the constant in the cost function be used as an estimate of fixed delivery cost per month? Explain Requirement 1. Estimate the cost function for delivery Delivery costs Dellvery costs Requirement 2. Can the constant in the cost function be used as an estimate of fixed delivery cost per month? Explain The cost function in requirement than estimate of how costs behave the relevant range, not at cost levels the relevant range. If there are no months with zero miles driven represented in the delivery cost account in the general ledger data in that account be used to estimate the fixed costs at the zero miles driven byel The constant component of the cost function provides the best available starting point for a straight line that approximates how a cost behaves Choose from any list or enter any number in the input fields and then continue to the next question 1 of 2 (0 complete) and needs to estimate a cost function for delivery costs. Information regarding delivery cos delir ME Data Table - Month Miles Driven estima August September 3,000 8,000 Delivery Costs 3.700 5.400 are no to esti cost fun Print Done then continue to the next

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