he manapertient of Wheeler Company has decided to develop cost formulas for its major overhead activities. Wheeler uses a highly automated manufacturing process, aeid oower costs are a significant manufactunng cost. Cost analysts have decided that power costs ore mixed; thus, they must be broken into their foced and variable elaments so that the coit pehavior of the power usoge activity can be properly described. Machine hours have been selected as the activity driwer for power costs. The following data for the past eight quarten aye beer collected: 4. Rerun the regression and drop the point (20,000;$26,000) as an outlier. Use the method of least squares to compute a power cost formula. Round the intercept to the nearest dollar and round the slope to two decimal places. Evaluate the coelficient of determination. If required, round your answer to two decimal places. Adjusted R2= x Compore the results from this regression to those for the regresson in Requirement 3. The outlier appears to have had X on the results