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Prince Edward Company Produces Hand-Held Calculators  Intercept 985 X Variable 1 9.82\begin{array} { l l } \text { Intercept } & 985 \\\text { X Variable 1 } & 9.82\end{array}

question 180

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Prince Edward Company produces hand-held calculators. The company controller wanted to calculate the fixed and variable costs associated with the maintenance cost incurred by the factory. Data for the past four months were collected.Coefficients shown by a regression program are as follows:
 Maintenance  Machine  Month  cost  hours  March $4,180328 April 3,956310 May 4,686386 June 4,240352\begin{array}{lrr}& \text { Maintenance } & \text { Machine } \\\text { Month } & \text { cost } & \text { hours }\\\text { March } & \$ 4,180 & 328 \\\text { April } & 3,956 & 310 \\\text { May } & 4,686 & 386 \\\text { June } & 4,240 & 352\end{array}  Intercept 985 X Variable 1 9.82\begin{array} { l l } \text { Intercept } & 985 \\\text { X Variable 1 } & 9.82\end{array}
-Refer to the Figure.What is the cost formula for maintenance cost when using the result of regression?


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