Trey, Inc. is studying marketing cost and sales volume, and has generated the following information by use of a scatter diagram and a least-squares regression analysis: Scatter Diagram Regression AnalysisVariable cost per unit sold$6.50 $6.80 Total monthly fixed cost$45,000 $42,500 Trey is now preparing an estimate for monthly sales of 18,000 units. On the basis of the data presented, compute the most accurate sales forecast possible.
A. $164,900.
B. $167,400.
C. $162,000.
D. $159,500.
E. None of the answers is correct.
Answer: A
Business
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