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****Need help with this problem. Can you please show work on how you got the answer?**** 11. (5 points) Chewey Company uses kilowatt hours to
****Need help with this problem. Can you please show work on how you got the answer?****
11. (5 points) Chewey Company uses kilowatt hours to estimate utility costs with the following cost estimating equation: y = 546.26 + 15.86X Using the above estimating equation, complete the following statements by writing your answer in the blank line provided. The slope of the cost function is: The intercept of the cost function is: The dependent variable of the cost function is: The independent variable of the cost function is: If kilowatts were 4,000 hours for the current period, the estimated cost of utilities isStep by Step Solution
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