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Vanco Industries Wanted to Determine the Relationship Between Its Monthly

Question 15

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Vanco Industries 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.)
Vanco Industries 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 4,000 machine hours? A.$ 2,413.21 B.$ 6,002.36 C.$ 3,589.15 D.$9,652,855.04
-What is closest to the total cost if the firm uses 4,000 machine hours?
A.$ 2,413.21
B.$ 6,002.36
C.$ 3,589.15
D.$9,652,855.04

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