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Vanco Industries Wanted to Determine the Relationship Between Its Monthly

question 221

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Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. The output of a regression analysis showed the following information (Note: only a portion of the regression analysis results is presented here.) Vanco Industries wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. The output of a regression analysis showed the following information (Note: only a portion of the regression analysis results is presented here.)    -At Vanco Industries, what is the fixed cost (round to nearest cent) ? A)  $2,413.21 B)  $0.90 C)  $143.98 D)  $0.98
-At Vanco Industries, what is the fixed cost (round to nearest cent) ?


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