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Gelrud Corporation's Recent Utility Costs Are Listed Below: Management Believes

Question 16

Multiple Choice

Gelrud Corporation's recent utility costs are listed below: Gelrud Corporation's recent utility costs are listed below: Management believes that utility cost is a mixed cost that depends on machine-hours. -Using the least-squares regression method,the estimate of the fixed component of utility cost per month is closest to: A) $19,733 B) $5,809 C) $19,962 D) $5,628Management believes that utility cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method,the estimate of the fixed component of utility cost per month is closest to:


A) $19,733
B) $5,809
C) $19,962
D) $5,628

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