Question: Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs

Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. Data regarding the machine hours and maintenance costs for the last year and the results of the tegression enalysis are as follows: A statf assistant has run regression analyses on the data and obrained the following output using Excel REGRESSION ANALYSIS Y (Dependent Variable: Maintenance Cost x (independent) Vartable: Maintenance Hours Using regression analysis, what is the estimated maintenance expense for a month that the firm expects to operate 600 machine hours fround to nearest whole dollar?? Multiple Chaice 54,850 56.934 $4050
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