The following computer printout estimated overhead costs using multiple regression:

During the year the company used 1,000 setup hours and 500 parts.
-Refer to the figure.What is the predicted overhead cost?
A)$2,500
B)$25,000
C)$75,000
D)$76,000

Question

The following computer printout estimated overhead costs using multiple regression:

During the year the company used 1,000 setup hours and 500 parts.
-Refer to the figure.What is the predicted overhead cost?
A)$2,500 
B)$25,000 
C)$75,000 
D)$76,000

Quizplus · Accepted Answer

The predicted overhead cost is typically calculated based on the given data or formula in the figure, which is not visible in this format. However, based on common practices in accounting and cost management, if the correct answer is provided as an option, it suggests that the calculation or the relevant data in the figure leads to a prediction of $75,000 for the overhead cost.

The Following Computer Printout Estimated Overhead Costs Using Multiple Regression