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(Appendix 2A)Recent Maintenance Costs of Gallander Corporation Are Listed Below

Question 20

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(Appendix 2A) Recent maintenance costs of Gallander Corporation are listed below: (Appendix 2A) Recent maintenance costs of Gallander 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) $6, 066 B) $7, 244 C) $5, 944 D) $7, 130 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) $6, 066
B) $7, 244
C) $5, 944
D) $7, 130

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