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    Management Accounting Study Set 1
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    Exam 3: Measurement of Cost Behaviour
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    The Stewart Company Used Regression Analysis to Predict the Annual
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The Stewart Company Used Regression Analysis to Predict the Annual

Question 19

Question 19

Multiple Choice

The Stewart Company used regression analysis to predict the annual cost of utilities. The results were as follows: The Stewart Company used regression analysis to predict the annual cost of utilities. The results were as follows:   -The variable cost per machine hour is A)  $1.86. B)  $0.96. C)  $7.16. D)  $0.46.
-The variable cost per machine hour is


A) $1.86.
B) $0.96.
C) $7.16.
D) $0.46.

Correct Answer:

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