Figure 3-12

question 22

Multiple Choice

Figure 3-12. The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance.The following computer output was received:
The driver used was the number of machine hours.
Refer to Figure 3-12.Using the cost formula for the equipment maintenance cost,what is the predicted cost of equipment maintenance for April assuming that 5,000 machine hours will be incurred in April?

• A)$32,000
• B)$125,000
• C)$157,000
• D)none of these are correct

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Definitions:

Religious Services

Practices, ceremonies, and rituals conducted in adherence to the beliefs and tenets of a particular faith or religion.

English West Indies

A term referring to the Caribbean islands that were once part of the British Empire, known for their colonial history and involvement in the sugar trade.

African Population

The demographic total of individuals living on the African continent, known for its cultural, ethnic, and linguistic diversity.

Staple Crop Production

The cultivation and production of essential crops that form the basic diet of a population.