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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. Period 1 Period 2 Period 3 Period 4 Activity Cost $383 $372 $ 352 30 396 29 28 25 Using the least-squares regression method, what is the cost formula for this cost
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