30.

Burmer Co. has accumulated data to use in preparing its annual profit plan for the upcoming year. The cost behavior pattern of the maintenance costs must be determined. A staff assistant has run regression analyses on the data and obtained the following output: REGRESSION ANALYSIS Y (Dependent) Variable: Maintenance Cost X (Independent) Variable: Maintenance Hours Coefficients Standard Error t Stat P-value Lower 95% Upper 95% 68.341 11.469 Intercept Hours 783.778 6.777 4.47E-07 1.44E-13 631.505 6.491 936.052 7.0632 0.1284 52.785 Using regression analysis, what is the estimated maintenance expense for a month that the firm expects to operate 600 machine hours (round to nearest whole dollar)? O $6,934. O $88. O $4,050. O $4,850