Sage,Inc.used Excel to run a least-squares regression analysis,which resulted in the following output:
a.What is Sage's total fixed cost?
b.What is Sage's variable cost per unit?
c.What total cost would Sage predict for a month in which they sold 10,000 units?
Correct Answer:
Verified
b.$10.38
c.$132,564 = ($10.38 ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q121: Lavender Inc has the following information for
Q122: Laurel Company sold 500 units for $450
Q123: Acme Company sold 900 units for $110
Q124: Aspen Inc has the following information for
Q125: Chilton,Inc.sold 11,000 units last year for $20
Q126: Heather Inc has the following information for
Q128: Newport,Inc.used Excel to run a least-squares regression
Q129: Vaughn,Inc.sold 17,000 units last year for $50
Q130: Paige Inc has the following information for
Q131: Campbell,Inc.sold 100,000 units last year for $2.00
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents