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A summary of total charges from a small cafs natural gas bills is provided below:...

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Accounting

A summary of total charges from a small cafs natural gas bills is provided below:

Month kJ Cost
October 14 $187
November 17 187
December 30 230
January 35 264
February 33 270
March 20 200

Using regression analysis, the cost rate for the variable cost component is

Question 3Answer

a.

$14.33/kj

b.

$7.41/kj

c.

$2.54/kj

d.

$4.06/kj

Answer & Explanation Solved by verified expert
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