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Meleski Corporation's Recent Utility Costs Are Listed Below: Management

question 12

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Meleski Corporation's recent utility costs are listed below: Meleski Corporation's recent utility costs are listed below:   Management believes that utility cost is a mixed cost that depends on machine-hours. -Using the least-squares regression method, the estimate of the variable component of utility cost per machine-hour is closest to: A)  $4.40 B)  $4.79 C)  $3.47 D)  $3.37 Management believes that utility cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method, the estimate of the variable component of utility cost per machine-hour is closest to:


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