Question
Your boss would like you to estimate the fixed and variable components of a particular cost. Actual data for this cost over four recent periods
Your boss would like you to estimate the fixed and variable components of a particular cost. Actual data for this cost over four recent periods appear below.
| Activity | Cost | |||||
| Period 1 | 31 | $ | 385 | |||
| Period 2 | 30 | $ | 374 | |||
| Period 3 | 27 | $ | 356 | |||
| Period 4 | 32 | $ | 400 | |||
Using the least-squares regression method, what is the cost formula for this cost?
Multiple Choice
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Y = $120.14 + $8.70X
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Y = $0.00 + $15.51X
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Y = $128.04 + $8.36X
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Y = $133.47 + $5.60X
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Communication Audit In Globally Integrated R And D Project Teams
Authors: Justyna Alnajjar
1st Edition
3631666608, 978-3631666609
