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If the regression method indicated the intercept = $30 and the slope = $20 for a cost function, then: Select one: the variable cost per unit of...
If the regression method indicated the intercept = $30 and the slope = $20 for a cost function, then:
Select one:
a. the variable cost per unit of activity is $30
b. estimated costs would be $320 at 10 units of activity
c. estimated costs would be $50 at 10 units of activity
d. estimated costs would be $230 at 10 units of activity