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Louis Tang, a Cost Accountant at Prime Plastics, Inc

Question 20

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Louis Tang, a cost accountant at Prime Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables: Louis Tang, a cost accountant at Prime Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables: For a lot size of 10,000 handsets, Louis' model predicts total cost will be ___. A) $4,031.80 B) $757.60 C) $3,960.20 D) $354.01 E) $1873.077 Louis Tang, a cost accountant at Prime Plastics, Inc.(PPI) , is analyzing the manufacturing costs of a moulded plastic telephone handset produced by PPI.Louis's independent variable is production lot size (in 1,000's of units) , and his dependent variable is the total cost of the lot (in $100's) .Regression analysis of the data yielded the following tables: For a lot size of 10,000 handsets, Louis' model predicts total cost will be ___. A) $4,031.80 B) $757.60 C) $3,960.20 D) $354.01 E) $1873.077 For a lot size of 10,000 handsets, Louis' model predicts total cost will be ___.


A) $4,031.80
B) $757.60
C) $3,960.20
D) $354.01
E) $1873.077

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