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Conine Corporation, which uses least squares regression aealysis has detived the following regression equotion for estimates of manufactuing ovethead: Y. 505.000+6.15. Which of the following

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Conine Corporation, which uses least squares regression aealysis has detived the following regression equotion for estimates of manufactuing ovethead: Y. 505.000+6.15. Which of the following statements is true if the prithary cost detver is machine hoirs? Mutipio Chouct "x. represents the number of machine noure focal macutoctining oveithend is reprosented by the voriable " x. The compary enticioates s505 000 of fied manufactiong overtead XC is comnionly Known as the de pendent variable " X * represents the number of machine hours: Total manufacturing overhead is represented by the variable " X " The comparyy anticipates $505,000 of fixed manufacturing overhead. "X" is commonly known as the dependent variable. The company anticipates $505,000 of foxed manufacturing overhead and "X" represents the number of machine hours

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