Multiple Choice
NOT: 2 min.Figure 3-8.Martin Company makes cell phones. The company controller wanted to calculate the fixed and variable costs associated with electricity use in the factory. Data for the past four months were collected. 
Coefficients shown by a regression program are:
-Refer to Figure 3-8. Using the results of regression, what would be the total budgeted cost for electricity next month assuming that 615 machine hours are budgeted?
A) $2,225
B) $8,240
C) $8,085
D) $4,015
Correct Answer:
Verified
Correct Answer:
Verified
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