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The following activity and cost data that were provided by Hoist Corporation would help in estimating its future maintenance costs: Units Maintenance cost 3 P1,350
The following activity and cost data that were provided by Hoist Corporation would help in estimating its future maintenance costs:
Units Maintenance cost
3 P1,350
7 P1,590
11 P1,920
15 P2,100
Using the least squares regression method to estimates the cost formula, the expected total cost for an activity level of 10 units would be closest to (nearest peso)
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