Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis

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Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs.

Variable Coefficient Standard Error t-Value 1.39 Constant 100 71.94 Independent variable 91.74 200 2.18

r2 = 0.82
What is the estimated cost of producing the 1,000 cases of cola?
A) $200,100
B) $142,071
C) $100,200
D) $9,000

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Cost Accounting A Managerial Emphasis

ISBN: 978-0133392883

6th Canadian edition

Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ

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Question Posted: Feb 14, 2018 08:20 AM

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Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis

Question:

Variable Coefficient Standard Error t-Value 1.39 Constant 100 71.94 Independent variable 91.74 200 2.18

Step by Step Answer:

Answer is C How to computer here it ...View the full answer

Cost Accounting A Managerial Emphasis

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