Question: Blaster, Inc. recently conducted a least-squares regression analysis to predict selling expenses. The company has constructed the following regression equation: Y = 332,000 + 7.95X.
Blaster, Inc. recently conducted a least-squares regression analysis to predict selling expenses. The company has constructed the following regression equation: Y = 332,000 + 7.95X. Which of the following statements is false if the primary cost driver is number of units sold? Multiple Choice The company anticipates $332,000 of fixed selling expenses. "Y" represents total selling expenses. The company expects both variable and fixed selling expenses. For each unit sold, total selling expenses will increase by $7.95. "X" represents the number of hours worked during the period
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