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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