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Vanco Industries Wanted to Determine the Relationship Between Its Monthly

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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 cost equation based upon the results of the regression analysis? A)  y = $0.90x B)  y = $0.90 + $2,413.21 C)  y = $2,413.21x + $0.90 D)  y = $2,413.21 + $0.90x
-At Vanco Industries, what is the cost equation based upon the results of the regression analysis?


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