Use the information below to answer the following question(s).
Bernie Company used regression analysis to predict the annual cost of indirect materials. The results were as follows:
Indirect Materials Cost Explained by Units Produced

-The linear cost function is
A) Y =.$918 + 0.44X.
B) Y = $912 + $1.03X.
C) Y = $4,020 + $0.92X.
D) Y = $4,378+ $0.92X.
E) Y = $4,378 + $2.35X.

Question

Use the information below to answer the following question(s).
Bernie Company used regression analysis to predict the annual cost of indirect materials. The results were as follows:
Indirect Materials Cost Explained by Units Produced
 
-The linear cost function is
A) Y =.$918 + 0.44X. 
B) Y = $912 + $1.03X. 
C) Y = $4,020 + $0.92X. 
D) Y = $4,378+ $0.92X. 
E) Y = $4,378 + $2.35X.

Quizplus · Accepted Answer

The Answer of Use the information below to answer the following question(s).
Bernie Company used regression analysis to predict the annual cost of indirect materials. The results were as follows:
Indirect Materials Cost Explained by Units Produced
 
-The linear cost function is
A) Y =.$918 + 0.44X. 
B) Y = $912 + $1.03X. 
C) Y = $4,020 + $0.92X. 
D) Y = $4,378+ $0.92X. 
E) Y = $4,378 + $2.35X.

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