The Following Information Was Taken from a Computer Printout Generated

Multiple Choice

The following information was taken from a computer printout generated with the least-squares method for use in estimating overhead costs: $$\begin{array} { l l } \text { Slope } & 45 \\\text { Intercept } & 5,700 \\\text { Correlation coefficient } & .72 \\\text { Activity variable } & \text { Direct 1abor hours }\end{array}$$ The cost formula is

A) Overhead = $5,700 − $45X
B) Overhead = $5,700 + $45X
C) Overhead = $5,700 + ($45 × 0.72)
D) Overhead = $5,700 × 0.72