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Valle Crucis Corporation Wanted to Determine the Relationship Between Its

Question 113

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) : 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 closest to the total cost if the firm uses 6,000 machine hours? A) $7,257.49 B) $6,538.90 C) $14,729,732.60 D) $1,365.59 What is closest to the total cost if the firm uses 6,000 machine hours?


A) $7,257.49
B) $6,538.90
C) $14,729,732.60
D) $1,365.59

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