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Your Boss Would Like You to Estimate the Fixed and Variable

Question 165

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. 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 = $73.71 + $8.98X B) Y = $0.00 + $15.79X C) Y = $81.61 + $8.64X D) Y = $87.04 + $5.88X Using the least-squares regression method, what is the cost formula for this cost?


A) Y = $73.71 + $8.98X
B) Y = $0.00 + $15.79X
C) Y = $81.61 + $8.64X
D) Y = $87.04 + $5.88X

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