Question

The following cost data for different hours of operation s are made available to you by...

The following cost data for different hours of operation s are made available to you by ABC for your analysis:

Number of Months

10

Sum of Hours

350

Sum of Costs

1,000

Sum of Hours x Costs

39,200

Sum of Hours Squared

14,250

How much is the monthly fixed cost?

Group of answer choices

318

26.50

420

35

Business   Accounting   
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Answer #1

Correct answer is Option-B. $ 26.50

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