ACCOUNTING
Multiple Choice
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?
a. $200,100
b. $142,071
c. $100,200
d. $9,000
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