Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
kristen299 kristen299
wrote...
Go to Answer
Posts: 157
Rep: 0 0
A year ago

Lacourse Incorporated's inspection costs are listed below:

Units ProducedInspection Costs
January647$15,309
February724$15,965
March694$15,715
April645$15,271
May696$15,745
June665$15,442
July718$15,933
August699$15,739

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the least-squares regression method, the estimate of the fixed component of inspection cost per month is closest to:



▸ $9,608

▸ $15,640

▸ $9,587

▸ $15,271
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 30 times
1 Reply
Replies
Answer verified by a subject expert
windytodaiwindytodai
wrote...
#1
Posts: 130
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

kristen299 Author
wrote...

A year ago
This helped my grade so much Perfect
Loruiz15
wrote...

Yesterday
Just got PERFECT on my quiz
Natalie Price
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  929 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 261
  
 275
  
 162
Your Opinion
Who's your favorite biologist?
Votes: 587
Previous poll results: Which 'study break' activity do you find most distracting?