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The Following Information Was Taken from a Computer Printout Generated

Question 54

Multiple Choice

The following information was taken from a computer printout generated with the least-squares method for use in estimating overhead costs: The following information was taken from a computer printout generated with the least-squares method for use in estimating overhead costs:   The cost formula is A)  Overhead = $5,700 - $45X B)  Overhead = $5,700 + $45X C)  Overhead = $5,700 + ($45 ´ 0.72)  D)  Overhead = $5,700 ´ 0.72 The cost formula is


A) Overhead = $5,700 - $45X
B) Overhead = $5,700 + $45X
C) Overhead = $5,700 + ($45 ´ 0.72)
D) Overhead = $5,700 ´ 0.72

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