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Adriana Corporation manufactures football equipment. Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead $43,595 + ($87.20 x Machine-hours) Statistical

Adriana Corporation manufactures football equipment. Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead $43,595 + ($87.20 x Machine-hours) Statistical data Correlation coefficient .613 .376 Required: Estimate overhead if the company expects the plant to operate at a monthly average of 9,190 machine-hours next year. Overhead costs

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