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Figure 3-8

Question 77

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Figure 3-8. Martin Company makes cell phones.The company controller wanted to calculate the fixed and variable costs associated with electricity use in the factory.Data for the past four months were collected.
Figure 3-8. Martin Company makes cell phones.The company controller wanted to calculate the fixed and variable costs associated with electricity use in the factory.Data for the past four months were collected. Coefficients shown by a regression program are: Refer to Figure 3-8.Using the results of regression,calculate the fixed cost of electricity. A) $2,255 B) $9.48 C) $2,200 D) none of these are correct Coefficients shown by a regression program are:
Figure 3-8. Martin Company makes cell phones.The company controller wanted to calculate the fixed and variable costs associated with electricity use in the factory.Data for the past four months were collected. Coefficients shown by a regression program are: Refer to Figure 3-8.Using the results of regression,calculate the fixed cost of electricity. A) $2,255 B) $9.48 C) $2,200 D) none of these are correct Refer to Figure 3-8.Using the results of regression,calculate the fixed cost of electricity.


A) $2,255
B) $9.48
C) $2,200
D) none of these are correct

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