What is the variable cost per unit

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Reference no: EM132639009

Problem - Your boss would like you to estimate the fixed and variable components of a particular cost Actual data for this cost over four recent periods appear below.

 

Activity

Cost

Period 1

25

P363

Period 2

22

P345

Period 3

23

P348

Period 4

20

P322

Required - Using the least-squares regression method, what is the variable cost per unit?

Reference no: EM132639009

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