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Below are cost and activity data for a particular cost over the last four periods. Your boss has ...

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Below are cost and activity data for a particular cost over the last four periods. Your boss has ...

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.

	Activity	Cost
Period 1	46	$791
Period 2	40	$738
Period 3	47	$807
Period 4	41	$746

Required:

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

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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