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Meleski Corporation's Recent Utility Costs Are Listed Below: Management

Question 9

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Meleski Corporation's recent utility costs are listed below: Meleski Corporation's recent utility costs are listed below: Management believes that utility cost is a mixed cost that depends on machine-hours. -Using the least-squares regression method, the estimate of the fixed component of utility cost per month is closest to: A) $4,649 B) $5,028 C) $16,975 D) $16,850 Management believes that utility cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method, the estimate of the fixed component of utility cost per month is closest to:


A) $4,649
B) $5,028
C) $16,975
D) $16,850

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