Multiple Choice
(Appendix 5A) 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 fixed component of inspection cost per month is closest to:
A) $9,608
B) $15,640
C) $9,587
D) $15,271
Correct Answer:

Verified
Correct Answer:
Verified
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