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cmartinez034 cmartinez034
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A year ago
On a scattergraph, you must "fit" a line to the plotted points. Once the line is drawn,

▸ use a statistical technique to identify the fixed and variable costs.

▸ choose more than one point to calculate the fixed and variable costs.

▸ use regression analysis to calculate the fixed and variable components of the total cost.

▸ calculate the fixed and variable costs using basic algebra.
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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mbiij16mbiij16
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A year ago
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cmartinez034 Author
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A year ago
This helped my grade so much Perfect
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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