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The College of Business at Northeast College is accumulating data as a first step in...

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Accounting

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The College of Business at Northeast College is accumulating data as a first step in the preparation of next year's budget development: One cost that is being looked at closely is administrative costs as a function of student credit hours. Data on administrative costs and credit hours for the past thirteen months are shown below: The controllers office has analyzed the date and has given you the results from the regression analysis. If the controller uses thie high-low method to estimate conts, the variable cost per creda hour is: If the controller uses the high-low method to estimate costs, the variable cost per credit hour is: Murtiple Chaice 38232 510355 511195 520120

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