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  3. Study Set
    Managerial Accounting Study Set 11
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    Exam 15: Least-Squares Regression Computations
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    Descoteaux Inc
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Descoteaux Inc

Question 2

Question 2

Multiple Choice

Descoteaux Inc.'s inspection costs are listed below:  Descoteaux 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) $1,979 B) $6,033 C) $5,624 D) $2,021 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) $1,979
B) $6,033
C) $5,624
D) $2,021

Correct Answer:

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