The Method of Least Squares Was Used to Develop a Cost

question 163

Multiple Choice

The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance for the Regina Company. The following computer output was received:
The driver used was the number of machine hours.
$\begin{array}{lr}\text { Intercept } & 32,000 \\\text { Slope } & 25\end{array}$
-Refer to the Figure.Assume that 5,000 machine hours will be incurred in April.What would be the predicted cost of equipment maintenance for April when using the cost formula for equipment maintenance?

• A)$32,000
• B)$93,000
• C)$125,000
• D)$157,000

---

Definitions:

Symplast

The network of cytoplasm of multiple plant cells connected by plasmodesmata, facilitating intercellular communication.

Cytoplasm

The jelly-like substance within a cell that contains the cytosol, organelles, and inclusions, exclusive of the nucleus.

Soil Formation

The process by which soils are formed through the influence of weathering, organisms, parent material, topography, and time.

Weathering

The breaking down or dissolving of rocks and minerals on Earth's surface, which can occur through processes like frost action, acid rain, or plant root growth.