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Jorgenson Corporation has provided the following data for the first five months of the year: Machine...

Jorgenson Corporation has provided the following data for the first five months of the year:

Machine Hours Lubrication Cost
January 265 $ 1,515
February 355 $ 1,635
March 425 $ 1,765
April 320 $ 1,615
May 365 $ 1,720

Using the least-squares regression method of analysis, the estimated variable lubrication cost per machine hour is closest to:

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