What is the estimated copier expense

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Question: Lincoln Legal is concerned about how high its copying costs have become. The company''s copier lease stipulates a monthly rental fee and a per copy usage fee. The company''s new accountant conducted a regression analysis using the last three year''s of data which generated the following information:

Slope = $.015

Intercept = $685

If Macey expects to make 115,000 copies next month, what is the estimated copier expense?

Reference no: EM133565580

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