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Your Boss Would Like You to Estimate the Fixed and Variable

Question 6

Multiple Choice

Your boss would like you to estimate the fixed and variable components of a particular cost.Actual data for this cost over four recent periods appear below. Your boss would like you to estimate the fixed and variable components of a particular cost.Actual data for this cost over four recent periods appear below. Using the least-squares regression method,what is the cost formula for this cost? A) Y = $156.64 + $9.20X B) Y = $0.00 + $16.01X C) Y = $164.54 + $8.86X D) Y = $169.97 + $6.10X Using the least-squares regression method,what is the cost formula for this cost?


A) Y = $156.64 + $9.20X
B) Y = $0.00 + $16.01X
C) Y = $164.54 + $8.86X
D) Y = $169.97 + $6.10X

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