Your Boss Would Like You to Estimate the Fixed and Variable

question 19

Multiple Choice

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 = $24.51 + $1.08X
• B)Y = $10.33 + $1.92X
• C)Y = $0.00 + $2.32X
• D)Y = $15.80 + $1.70X

---

Definitions:

Distinct Occupation

A specialized field or type of work that is clearly different from other professions in terms of skills, training, and responsibilities.

Employer Tools

Resources, software, and technologies provided or utilized by employers to manage, support, and enhance workplace productivity and employee engagement.

Implied Authority

Powers of an agent that are not expressly granted but assumed to be necessary to conduct the principal's business.

Express Authority

Express authority refers to the specific powers given to an agent or entity, explicitly outlined in a contract or agreement.