Solved: What is the estimated cost of producing, Cost Accounting

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What is the estimated cost of producing

Response to the following problem:

Craig's Cola was to manufacture 1,000 cases of cola next week. The accountant provided the following analysis of total manufacturing costs.

VARIABLE COEFFICIENT STANDARD ERROR T-VALUE

Constant 100 71.94 1.39

Independent Variable 200 91.74 2.18 r2 = 0.82

What is the estimated cost of producing the 1,000 cases of cola?

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Cost Accounting: What is the estimated cost of producing

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