Lacourse Inc.'s inspection costs are listed below: Units ProducedInspection CostsJanuary647$15,309February724$15,965March694$15,715April645$15,271May696$15,745June665$15,442July718$15,933August699$15,739 Management believes that inspection cost is a mixed cost that depends on units produced. Using the least-squares regression method, the estimate of the variable component of inspection cost per unit produced is closest to:
A. $8.27
B. $8.78
C. $22.80
D. $8.82
Answer: D
Business
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