Adriana Corporation manufactures football equipment. Multiple regression results from the data of Adriana Corporation are as follows:

Equation:
Overhead = $24,670 + ($32.40 Labor-hours) + ($41.60 Machine-hours)
Statistical data
Correlation coefficient	.977
R2	.955

Required:

Estimate overhead using the multiple regression results, assuming that the company expects the plant to operate at a monthly average of 9,070 machine-hours and 3,000 labor-hours next year.

Overhead costs