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Your Boss Would Like You to Estimate the Fixed and Variable

Question 9

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 = $0.00 + $7.55X B) Y = $110.44 + $2.70X C) Y = $103.38 + $3.00X D) Y = $113.35 + $0.89X Using the least-squares regression method, what is the cost formula for this cost?


A) Y = $0.00 + $7.55X
B) Y = $110.44 + $2.70X
C) Y = $103.38 + $3.00X
D) Y = $113.35 + $0.89X

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