The Bhaskara Corporation Used Regression Analysis to Predict the Annual

question 70

Multiple Choice

The Bhaskara Corporation used regression analysis to predict the annual cost of indirect materials. The results were as follows: Indirect Materials Cost Explained by Units Produced
What is the linear cost function?

• A) y = $4,560 + $2.1876X
• B) y = $4,560 + $11.75X
• C) y = $21,890 + $4.56X
• D) y = $21,890 + $2.1876X
• E) y = $21,890 + $11.75X