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Your Boss Would Like You to Estimate the Fixed and Variable

question 21

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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 = $75.89 + $1.02X B) Y = $72.64 + $2.13X C) Y = $ 0.00 + $5.04X D) Y = $75.50 + $2.02X Using the least-squares regression method, what is the cost formula for this cost?


Definitions:

Equity

Equity represents the value of ownership interest in a company, calculated as the difference between assets and liabilities.

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