Multiple Choice
Recent maintenance costs of Prideaux Corporation are listed below: Management believes that maintenance cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method,the estimate of the variable component of maintenance cost per machine-hour is closest to:
A) $9.36
B) $9.49
C) $14.06
D) $9.23
Correct Answer:

Verified
Correct Answer:
Verified
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