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The Dorkin Company Used Regression Analysis to Predict the Annual

question 43

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The Dorkin Company used regression analysis to predict the annual cost of indirect materials.The results were as follows:
 Indirect Materials Cost  Explained by Units Produced  Constant 4,200 Standard error of Y estimate 2,300 R-Squared 0.78 No, of observations 22 Degrees of freedom 20 X Coefficient 250.25 Standarderror of coefficient 22.25\begin{array}{ll}&\text { Indirect Materials Cost }\\&\text { Explained by Units Produced }\\\text { Constant } & 4,200 \\\text { Standard error of Y estimate } & 2,300 \\\text { R-Squared } & 0.78 \\\text { No, of observations } & 22 \\\text { Degrees of freedom } & 20 \\\text { X Coefficient } & 250.25 \\\text { Standarderror of coefficient } & 22.25\end{array}
The total fixed cost is ________.


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