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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 57
The regression analysis results for ABC Co. are shown as y = 90 x + 45. The standard error (Se) is 30, and coefficient of determination ( R 2 ) is 0.81. The budget calls for production of 100 units. What is ABC's estimate of total costs? a. $3,090
B) $9,045
C) $9,030
D) $4,590
E) $11,200
B) $9,045
C) $9,030
D) $4,590
E) $11,200
Explanation
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ABC's estimate of...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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