Gelrud Corporation's recent utility costs are listed below: 
Management believes that utility cost is a mixed cost that depends on machine-hours.
-Using the least-squares regression method,the estimate of the variable component of utility cost per machine-hour is closest to:
Definitions:
Zero-Coupon Bonds
Zero-coupon bonds are a type of bond that does not pay interest during its life and is instead sold at a discount to its face value, with the full face value being repaid at maturity.
Yield
Yield refers to the earnings generated and realized on an investment over a particular period, expressed as a percentage based on the investment's cost, current market value, or face value.
Face Value
The original value of a financial instrument as stated on the instrument itself, such as the principal value of a bond or the value printed on a stock certificate.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments but are issued at a deep discount and redeemable for their face value at maturity.
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