Question: The following computer printout was generated, using regression, for use in estimating overhead costs. Intercept 5 7 0 0 X Variable 1 4 5 Multiple

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:
Question 5Select one:
a.
$10,200
b.
$12,000
c.
$10,600
d.
$11,400
e.
None of these

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