Multiple Choice
Lacourse Inc.'s inspection costs are listed below: Management believes that inspection cost is a mixed cost that depends on units produced.
Using the least-squares regression method, the estimate of the variable component of inspection cost per unit produced is closest to:
A) $22.80
B) $8.82
C) $8.27
D) $8.78
Correct Answer:

Verified
Correct Answer:
Verified
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