Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a firm uses simple linear regression to forecast t

A firm uses simple linear regression to forecast the costs for its main product line....

70.2K

Verified Solution

Question

Accounting

A firm uses simple linear regression to forecast the costs for its main product line. If fixed costs are equal to

$ 240 comma 000$240,000

and variable costs are

$ 8$8

per unit, how many units does it need to sell at

$ 16$16

per unit to make a

$ 648 comma 000$648,000

profit?

A.

111 comma 000111,000

B.

37 comma 00037,000

C.

30 comma 00030,000

D.

81 comma 00081,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The textbook states that the cash budget is one of the mostimportant parts of...

Accounting
Q

The business faculty of a public university recorded data on the number of students enrolled in...

Statistics
Q

An investment offers $10,300 per year for 14 years, with the first payment occurring one year...

Finance
Q

m Fur Mammal Vertebrate Feathers Bird to identify an organism to divide a kingdom od...

Biology
Q

Which is not a good attribute for a model system in genetics?A. long generation timeB....

Biology
Q

W Y J X H A Side XY corresponds to side Angle W corresponds to...

Basic Math
Q

A physician orders 9 teaspoons daily of a certain drug in three equally divided doses...

Basic Math
Q

Given u x t t e compute

Calculus
Q

Question 38 of 75 . Gregorio Eliopoulos, a retired rallroad employee, received the following Form...

Accounting
Q

13-26 (Integrated-multiple leverage measures) Play-More Toys produces inflatable beach balls, selling M 400000 balls a...

Accounting
Q

Fill these charts out: General Mills 2020...

Finance
Q

Suppose you plot an investment opportunity set between two stocks. In the special case in...

Finance