El Perry is an electronics components manufacturer Information about the company's two products follows AM-2 FM-9 Units produced Direct labor hours required for production Units per batch Shipping weight per unit 2.000 14.000 15,000 15,000 3.000 0.5 lbs The company incurs $899.000 in overhead per year and has traditionally applied overhead on the basis of direct labor hours Using Excel's CORREL formula, determine the correlation between each activity driver level and the inspections cost. (Round answers to 3 decimal places, e.g. 52.752. Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses e.g. (45).) Correlation 17000 Units produced Machine hours Batches Direct labor hours El Perry is an electronics components manufacturer Information about the company's two products follows AM-2 FM-9 Units produced Direct labor hours required for production Units per batch Shipping weight per unit 2.000 14.000 15,000 15,000 3.000 0.5 lbs The company incurs $899.000 in overhead per year and has traditionally applied overhead on the basis of direct labor hours Using Excel's CORREL formula, determine the correlation between each activity driver level and the inspections cost. (Round answers to 3 decimal places, e.g. 52.752. Enter negative amounts using either a negative sign preceding the number es. -45 or parentheses e.g. (45).) Correlation 17000 Units produced Machine hours Batches Direct labor hours