Question: Method of Least Squares, Developing and Using the Cost Formula from monthly data were used for the regression. The following computer output was received: Intercept

Method of Least Squares, Developing and Using the Cost Formula from monthly data were used for the regression. The following computer output was received:
Intercept
209,400
Slope
310
The cost driver used was number of parts inspected.
Required:
What is the cost formula?
Total cost of receiving per month.
Independent variable
Dependent variable
Variable rate per professional hour
per part inspected
Fixed cost per month
3. Using the cost formula, predict the cost of receiving for a month in which 9,500 parts are inspected.
Total cost of receiving =$
Method of Least Squares, Developing and Using the Cost Formula from

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