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
Correct Answer:
Verified
Correct Answer:
Verified
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