Valle Crucis Corporation Wanted to Determine the Relationship Between Its

Multiple Choice

Valle Crucis Corporation wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. The output of a regression analysis showed the following information (note: only a portion of the regression analysis results is presented here) : What is the variable cost per machine hour (rounded to the nearest cent) ?

A) $67.59
B) $2,945.95
C) $0.99
D) $0.72