Your Boss Would Like You to Estimate the Fixed and Variable

question 9

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 = $0.00 + $7.55X
• B)Y = $110.44 + $2.70X
• C)Y = $103.38 + $3.00X
• D)Y = $113.35 + $0.89X

---

Definitions:

Dismissal

The act of terminating an employee's employment due to circumstances such as misconduct, lack of fit, or economic downsizing.

Mistreated

Subjected to bad or inappropriate treatment or behavior.

Career Planning

is the ongoing process of setting individual professional goals and exploring paths to achieve them over the course of one's work life.

Random Opportunistic Way

An approach where decisions and actions are taken spontaneously, capitalizing on unforeseen opportunities without a predetermined strategy.