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The management of Hamano Corporation would like for you to analyze their repair costs, which are...

The management of Hamano Corporation would like for you to analyze their repair costs, which are listed below:

Machine-Hours Repair Costs
April 2,152 $ 33,106
May 2,181 $ 33,124
June 2,138 $ 33,101
July 2,222 $ 33,124
August 2,123 $ 33,034
September 2,238 $ 33,188
October 2,149 $ 33,075
November 2,233 $ 33,161

Management believes that repair cost is a mixed cost that depends on the number of machine-hours. Using the least-squares regression method, the estimates of the variable and fixed components of repair cost would be closest to:

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ekkarill92 answered 2 years ago
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