Grawburg Incorporated maintains a call center to take orders, answer questions, and handle complaints. The...
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Accounting
Grawburg Incorporated maintains a call center to take orders, answer questions, and handle complaints. The costs of the call center for a number of recent months are listed below: Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken. Required: Estimate the variable cost per call and fixed cost per month using the leastsquares regression method. Note: Round the "Variable cost" to decimal places and the "Fixed cost" to the nearest dollar amount.
Grawburg Incorporated maintains a call center to take orders, answer questions, and handle complaints. The costs of the call center
for a number of recent months are listed below:
Management believes that the cost of the call center is a mixed cost that depends on the number of calls taken.
Required:
Estimate the variable cost per call and fixed cost per month using the leastsquares regression method.
Note: Round the "Variable cost" to decimal places and the "Fixed cost" to the nearest dollar amount.
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