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Adriana Corporation manufactures football equipment. Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead = $43,527 + ($88.20 Machine-hours) Statistical

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

Equation:
Overhead = $43,527 + ($88.20 Machine-hours)
Statistical data
Correlation coefficient .604
R2 .365

Required:

Estimate overhead if the company expects the plant to operate at a monthly average of 9,190 machine-hours next year.

Overhead Cost:

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