Multiple Choice
For April, the month just ended, the cost components to make tapes were $2 per tape plus fixed costs of $10,000.One thousand tapes were produced.For May the cost to make tapes will be $2.20 per tape plus fixed costs of $10,000.Fifteen hundred tapes are expected to be produced.What are the estimates for the intercept and slope coefficient for May, respectively?
A) $2.00 and $10,000.00
B) $2.20 and $10,000.00
C) $10,000.00 and $2.00
D) $10,000.00 and $2.20
E) $22,000 and $10,000
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Aunt Lydia's Cookies, Inc., prepares frozen gourmet
Q241: Use the information below to answer the
Q242: Try-Us-First Motors manufactures and sells off-road vehicles.The
Q244: Answer the following question(s)using the information below:<br>At
Q245: Answer the following question(s)using the information below.Jenny's
Q246: Nidek manufactures sport swear.Classify each of the
Q248: For cost estimation purposes data must be
Q249: Canevil Unlimited makes small motorcycles.The monthly demand
Q250: The Door Company manufactures doors.Classify each of
Q251: The costs relating to new materials testing