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Lacourse Incorporated's Inspection Costs Are Listed Below: Management Believes

Question 324

Multiple Choice

Lacourse Incorporated's inspection costs are listed below: Lacourse Incorporated's inspection costs are listed below: Management believes that inspection cost is a mixed cost that depends on units produced.Using the least-squares regression method, the estimate of the fixed component of inspection cost per month is closest to: A) $5,642 B) $5,768 C) $1,714 D) $1,756 Management believes that inspection cost is a mixed cost that depends on units produced.Using the least-squares regression method, the estimate of the fixed component of inspection cost per month is closest to:


A) $5,642
B) $5,768
C) $1,714
D) $1,756

Correct Answer:

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