Figure 3-7 The following computer printout estimated overhead costs using regression:
Please find the following statistical table
During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. What is the model?
A) Overhead = 4.81 + 6.78 DLH
B) Overhead = 100.41 + 14.05 DLH
C) Overhead = 14.05 + 100.41 DLH
D) DLH = 4.81 + 6.78 Overhead

Question

Figure 3-7 The following computer printout estimated overhead costs using regression:
 Please find the following statistical table
 During the last accounting period 10,000 DLH were worked.
Refer to Figure 3-7. What is the model?
A) Overhead = 4.81 + 6.78 DLH 
B) Overhead = 100.41 + 14.05 DLH 
C) Overhead = 14.05 + 100.41 DLH 
D) DLH = 4.81 + 6.78 Overhead

Quizplus · Accepted Answer

The model equation in the printout is Overhead = 100.41 + 14.05 DLH, which matches option B.

Figure 3-7 the Following Computer Printout Estimated Overhead Costs Using