{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T15:00:09-04:00", "answer_date": "2024-05-27 15:00:09", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1785617", "url": "\/study-help\/questions\/big-time-corporation-wanted-to-determine-the-relationship-between-its-1785617", "question_creation_date_js": "2024-05-27T15:00:09-04:00", "question_creation_date": "May 27, 2024 03:00 PM", "meta_title": "[Solved] Big Time Corporation wanted to determine | SolutionInn", "meta_description": "Answer of - Big Time Corporation wanted to determine the relationship between its monthly operating costs and a potential cost dri | SolutionInn", "meta_keywords": "big,time,corporation,wanted,determine,relationship,monthly,operating,costs,potential,cost,driver", "question_title_h1": " Big Time Corporation wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. regression analysis results is", "question_title": " Big Time Corporation wanted to determine the relationship between its monthly", "question_title_for_js_snippet": "Big Time Corporation wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours regression analysis results is presented here) SUMMARY OUTPUT Regression Statistics Multiple R 0 991108748 R Square 0 982296551 Adjusted R Square 0 977870689 Standard Error 67 58593536 Observations 6 ANOVA df SS MS F Regression 1 Residual 4 1013811 899 1013811 899 221 9446735 18271 43463 4567 858659 Significance F 0 00011823 Total 5 1032083 333 Coefficients Intercept X Variable 1 2945 94652 0 718590832 Standard Error 194 105844 0 04823467 t Stat P value 15 17701095 0 000109885 14 89780767 0 00011823 Lower 95 2407 022299 0 584669919 What is the variable cost per machine hour (rounded to the nearest cent) A $0 99 OB $0 72 OC $2,945 95 D $67 59", "question_description": "\"image", "transcribed_text": "Big Time Corporation wanted to determine the relationship between its monthly operating costs and a potential cost driver, machine hours. regression analysis results is presented here): SUMMARY OUTPUT Regression Statistics Multiple R 0.991108748 R Square 0.982296551 Adjusted R Square 0.977870689 Standard Error 67.58593536 Observations 6 ANOVA df SS MS F Regression 1 Residual 4 1013811.899 1013811.899 221.9446735 18271.43463 4567.858659 Significance F 0.00011823 Total 5 1032083.333 Coefficients Intercept X Variable 1 2945.94652 0.718590832 Standard Error 194.105844 0.04823467 t Stat P-value 15.17701095 0.000109885 14.89780767 0.00011823 Lower 95% 2407.022299 0.584669919 What is the variable cost per machine hour (rounded to the nearest cent)? A. $0.99 OB. $0.72 OC. $2,945.95 D. $67.59", "related_book": { "title": "Intermediate Accounting", "isbn": "324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140", "edition": "16th Edition", "authors": "James D. Stice, Earl K. Stice, Fred Skousen", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/105.jpg", "uri": "\/textbooks\/intermediate-accounting-16th-edition-105", "see_more_uri": "" }, "free_related_book": { "isbn": "979-8394092459", "uri": "\/textbooks\/the-mig-diaries-fighter-pilot-memoirs-and-accounts-of-cuban-saaf-and-angolan-air-combat-in-southern-african-skies-1st-edition-979-8394092459-157649", "name": "The Mig Diaries Fighter Pilot Memoirs And Accounts Of Cuban Saaf And Angolan Air Combat In Southern African Skies", "edition": "1st Edition" }, "question_posted": "2024-05-27 15:00:09", "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/taft-corporation-operates-primarily-in-the-united-states-however-a", "description": "Taft Corporation operates primarily in the United States. 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