The Marsha Corporation Used Regression Analysis to Predict the Annual

Multiple Choice

The Marsha Corporation used regression analysis to predict the annual cost of indirect materials.The results were as follows: Indirect Materials Cost
Explained by Units Froduced
$\begin{array}{lr}\text { Constant } & \$ 14,885 \\\text { Standard error of Y estimate } & \$ 9,960 \\\text { R - squared } & 0.7832 \\\text { No. of observations } & 22 \\\text { Degrees of freedom } & 20 \\& \\\text { X coefficients) } & 11.75 \\\text { Standard error of coefficients) } & 2.1876\end{array}$ The total fixed cost is _____.

A) $9,960
B) $14,885
C) $15,664
D) $24,845