The Managerial Accountant at Organic Beverage Factory Used Spreadsheet Software

Multiple Choice

The managerial accountant at Organic Beverage Factory used spreadsheet software to run a regression analysis scenario and compile the following monthly cost data:
Which of the following is the correct cost equation showing the correlation of monthly costs,based on the results of the regression analysis compiled by the managerial accountant?

A) y = $4,286,652 + $28.21
B) y = 0.6521x + $4,286,652
C) y = $0.6521 + $28.21x
D) y = $28.21x + $4,286,652