Business, 02.03.2022 18:10 trodgers0202

The following computer printout was generated, using regression, for use in estimating overhead costs. Intercept

5700

X Variable 1

45

Multiple R

0.3000

R Square

0.0900

Activity variable

Direct labour hours

An estimate of costs at an activity level of 100 direct labour hours would be:

Select one:

a.
$12,000

b.
$11,400

c.
$10,200

d.
None of these

e.
$10,600

Answers: 2

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The following computer printout was generated, using regression, for use in estimating overhead cost...

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