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A Regression of Total Selling Expenses Against Number of Units

Question 119

Multiple Choice

A regression of total selling expenses against number of units sold yields an intercept of 178,024 and a slope of 12.3. This indicates that:


A) Total fixed selling expenses are predicted to be $178,024
B) Variable selling expenses are predicted to be $12.30/unit
C) Total selling expenses are predicted to be $190,324 when 1000 units are sold
D) All of the above

Correct Answer:

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