Circuit Boards R Us (CBRU) uses regression analysis to estimate the monthly cost of producing circuit boards. A regression analysis using number of circuit boards produced as the cost driver has the following output: Y = $ 50,000  + $ 2 * number of circuit boards. CBRU is budgeting to produce 2,000 circuit boards in the coming month. What is a reasonable estimate of budgeted production costs in the coming month?

A. $  50,000
B. $  20,000
C. $ 90,000
D. $ 40,000

Answer rating: 100% (QA)

Solution Answer Option A S50000 Explanation In the equation Y 50000 ... View the full answer