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billafin billafin
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A year ago

Below are cost and activity data for a particular cost over the last four periods. Your boss has asked you to analyze this cost so that management will have a better understanding of how this cost changes in response to changes in activity.

ActivityCost
Period 146$791
Period 240$738
Period 347$807
Period 441$746

Required:

Using the least-squares regression method, estimate the cost formula for this cost.

Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
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austsieraustsier
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A year ago
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billafin Author
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A year ago
Just got PERFECT on my quiz
asd454512
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Yesterday
Thanks for your help!!
IvanaVR
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2 hours ago
Thank you, thank you, thank you!
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