Multiple Choice
Use the information below to answer the following question(s) .
Bernie Company used regression analysis to predict the annual cost of indirect materials. The results were as follows:
Indirect Materials Cost Explained by Units Produced
-The linear cost function is
A) Y =.$918 + 0.44X.
B) Y = $912 + $1.03X.
C) Y = $4,020 + $0.92X.
D) Y = $4,378+ $0.92X.
E) Y = $4,378 + $2.35X.
Correct Answer:

Verified
Correct Answer:
Verified
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