The Dorkin Company Used Regression Analysis to Predict the Annual

Multiple Choice

The Dorkin Company used regression analysis to predict the annual cost of indirect materials.The results were as follows:
$\begin{array}{ll}&\text { Indirect Materials Cost }\\&\text { Explained by Units Produced }\\\text { Constant } & 4,200 \\\text { Standard error of Y estimate } & 2,300 \\\text { R-Squared } & 0.78 \\\text { No, of observations } & 22 \\\text { Degrees of freedom } & 20 \\\text { X Coefficient } & 250.25 \\\text { Standarderror of coefficient } & 22.25\end{array}$
The total fixed cost is ________.

A) $22.25
B) $250.25
C) $2,300
D) $4,200