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Recent Maintenance Costs of Prideaux Corporation Are Listed Below

Question 22

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Recent maintenance costs of Prideaux Corporation are listed below: 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 fixed component of maintenance cost per month is closest to: A) $2,859 B) $8,241 C) $8,550 D) $2,782 Management believes that maintenance cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method,the estimate of the fixed component of maintenance cost per month is closest to:


A) $2,859
B) $8,241
C) $8,550
D) $2,782

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