Thul Company Is Interested in Establishing the Relationship Between Electricity

question 39

Multiple Choice

Thul Company is interested in establishing the relationship between electricity costs and machine hours.Data have been collected and a regression analysis prepared using Excel.The monthly data and the regression output follow: If the controller uses the high-low method to estimate costs,the cost equation for electricity cost is:

• A)Cost = $3,726.88 + $5.77 × Machine-hours.
• B)Cost = $1,625.00 + $6.25 × Machine-hours.
• C)Cost = $6.90 × Machine-hours.
• D)Cost = $22,825.

---

Definitions:

Primary Goal

The main or most important objective aimed to be achieved in a plan, strategy, or endeavor.

Emancipation

The act of freeing someone from slavery or bondage; famously refers to the Emancipation Proclamation by President Abraham Lincoln during the Civil War.

Rifle Technology

refers to the advancements in firearm design, particularly long guns, that have significantly improved accuracy, range, and firepower over centuries.

Battlefields

Areas where battles are fought, often marking significant historical events.