The Stanford Company Incurred the Following Maintenance Cost During a Five

question 1

Multiple Choice

The Stanford Company incurred the following maintenance cost during a five month period: $\begin{array}{ccc}\text { Month } &\text { Production Volume } &\text {Maintenance Costs }\\\hline\text { June } & 75 & \$ 250 \\\text { July } & 115 & 310 \\\text { August } & 190 & 400 \\\text { September } & 60 & 240 \\\text { October } & 135 & 355\end{array}$
Using a computer or calculator, compute the estimate of variable cost per unit of production
Using the method of least squares. Rounded to two decimal places, this value would be

• A)$3.21.
• B)$2.70.
• C)$1.31.
• D)$1.23.

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Definitions:

Uterus

The hollow organ within females in which the embryo and fetus develop.

Embryo

An early stage of development in multicellular organisms, in humans, it refers to the period from conception to the eighth week of pregnancy.

Fetus

A developing human from roughly eight weeks after conception until the time of birth, characterized by rapid growth and development of organs and structures.

Mutations

Changes in the DNA sequence of an organism's genome, which can lead to variations in physical traits or the development of diseases.