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QUESTION 11 5 A company performed regression analysis by collecting direct labour hours (independent variables and manufacturing overheads (dependent variable). The results of the analysis

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QUESTION 11 5 A company performed regression analysis by collecting direct labour hours (independent variables and manufacturing overheads (dependent variable). The results of the analysis is shown in Tablo 0111 In the upcoming year, the company decides to operate at a level that would noed them to allocate 25,000 direct labou hours per month Based on the information available, calculate the estimated manufacturing overhead costs per merth for the upcoming year. Do not include any units, enter only the numerical value in the box provided Table Q11.1: Data generated Intercept E13,500 12.55 Stope 0.931 Correlation coefficient

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