Question: The following information was taken from a computer printout generated with the least-squares method for use in estimating overhead costs: Slope 45 Intercept 5,700 Correlation

The following information was taken from a computer printout generated with the least-squares method for use in estimating overhead costs:

Slope45
Intercept5,700
Correlation coefficient.72
Activity variableDirect labor hours


The cost formula is?

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