What is the intercept for margolo company

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Problem 1: Margolo Company makes cross-country skis. The company controller believes that employee benefits is best represented as a mixed cost. You are half-way through your High Low analysis. You have calculated the slope of the cost function as 1,377. Finish your calculation using the following data point: Number of Employees = 166, Cost of Benefits for 166 employees = 495,877. What is the intercept?

Reference no: EM133002286

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