Lacourse Incorporated 's inspection costs are listed below Units Produced Inspection Costs January 439 $6,148 February 389 $5,648 March 458 $6,363 April 473 $6,501 May 415 $5,898 June 390 $5,651 July 465 $6,428 August 416 $5,911 Management believes that inspection cost is a mixed cost that depends ...

Lacourse Incorporated's inspection costs are listed below: Units Produced Inspection Costs January 439 $6,148 February 389 $5,648

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Lacourse Incorporated's inspection costs are listed below:

	Units Produced	Inspection Costs
January	439	$6,148
February	389	$5,648
March	458	$6,363
April	473	$6,501
May	415	$5,898
June	390	$5,651
July	465	$6,428
August	416	$5,911

Management believes that inspection cost is a mixed cost that depends on units produced.

Using the least-squares regression method, calculate the estimate of the fixed component of inspection cost per month.

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Managerial Accounting Decision Making and Motivating Performance

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Posted Date: May 26, 2023 07:41 AM

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Lacourse Incorporated's inspection costs are listed below: Units Produced Inspection Costs January 439 $6,148 February 389 $5,648

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Managerial Accounting Decision Making and Motivating Performance

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