Seifer Inc.'s Inspection Costs Are Listed Below

question 63

Multiple Choice

Seifer Inc.'s inspection costs are listed below:
Management believes that inspection cost is a mixed cost that depends on the number of units produced.Using the least-squares regression method,the estimates of the variable and fixed components of inspection cost would be closest to:

• A) $24.08 per unit plus $5,709 per month
• B) $67.74 per unit plus $8,858 per month
• C) $24.37 per unit plus $5,658 per month
• D) $24.01 per unit plus $5,727 per month

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