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Vanco Industries Wanted to Determine the Relationship Between Its Monthly

Question 129

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Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver,machine hours.The output of a regression analysis showed the following information (Note: only a portion of the regression analysis results is presented here.) Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver,machine hours.The output of a regression analysis showed the following information (Note: only a portion of the regression analysis results is presented here.) - What is the variable cost per machine hour (rounded to the nearest cent) ? A) $ 143.98 B) $2,413.21 C) $ 0.90 D) $ 0.98
- What is the variable cost per machine hour (rounded to the nearest cent) ?


A) $ 143.98
B) $2,413.21
C) $ 0.90
D) $ 0.98

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