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B) s19.50 C) $22.50 D) $3.00 no 8) Valle Crucis Corporation wanted to determine the relationship between its monthly operating costs and a potential cost

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B) s19.50 C) $22.50 D) $3.00 no 8) Valle Crucis Corporation wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. The output of a regression analysis showed the following information (note: only a portion of the regression analysis results is presented here): 8) SUMMARY OUTPUT i00 Regression Statistics Multiple R R Square Adjusted R Square Standard Emror Observations 0.991108748 0.982296551 002 0.977870689 67.58593536 6 n u o ANOVA Significance F 0.00011823 SS 1013811.899 18271.43463 4567.858659 1032083.333 df 1 MS 1013811.899 221.9446735 Regression Residual Total P-value Lower 95% Standard Eror 194.105844 15.17701095 0.000109885 t Stat Coefficients 2945.94652 2407.022299 0.584669919 Intercept X Variable 1 0.718590832 0.04823467 14.89780767 0.00011823 What is the fixed cost (round to nearest cent)? A) $0.72 B) $67.59 C) $2,945.95 D) $0.99 3

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