Corise's Cola Was to Manufacture 500 Cases of Cola Next

question 14

Multiple Choice

Corise's Cola was to manufacture 500 cases of cola next week.The accountant provided the following analysis of total manufacturing costs. $\begin{array}{lrrr}\text { Variable } & \text { Coefficient } &\text { Standard Error } & \text { t-Value }\\\text { Constant } & 115 & 82.73 & 1.39 \\\text { Independent variable } & 230 & 105.50 & 2.18 \\\mathrm{r}^{2}=0.82 & & &\end{array}$ What is the estimated cost of producing the 500 cases of cola?

• A) $115,115
• B) $57,730
• C) $24,380
• D) $9,744

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Definitions:

Verifiable Evidence

Information or data that can be substantiated or confirmed through observation, measurement, and documentation.

Proprietorships

A type of business entity that is owned and run by one individual with no legal distinction between the owner and the business.

Partnerships

Partnerships indicate a legal form of business operation between two or more individuals who share management and profits.

Corporations

Legal entities that are separate from their owners, offering limited liability to shareholders, and having the ability to own property, sue, or be sued.