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question the cost accountants at the barkley company regressed total overhead costs 4290282

Question

The cost accountants at the Barkley Company regressed total overhead costs and direct labor hours for the past 30-months and reported the following results:

What is the estimated overhead cost if 205 direct labor hours are expected to be used in the upcoming period? (rounded to the nearest whole dollar)

$9,571.

$9,195.

$8,583.

$7,945.

 

 

 

Slope

$

41.87

 

Intercept

$

611.48

 

Correlation Coefficient

 

.958

 

 

       

 

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