Safeena uses the past data to obtain the following output from a simple regression analysis using two variables.

If the company used $10,000$ machine hours and $7,000$ labour hours, what is the estimated cost?

Regression using labour hours

Constant $ $250,000$

standard error of Constant $180,000$

R$-$squared $0\mathrm{.}423$

Coefficient $6\mathrm{.}5$

Standard error of Coefficient $0\mathrm{.}3$

T$-$Value of X Coefficient $4\mathrm{.}5$

T$-$Value of Constant $0\mathrm{.}85$

Regression using machine hours

Constant $ $22,730$

Standard error of Constant $532$

R$-$squared $0\mathrm{.}823$

X Coefficient $7\mathrm{.}9$

Standard error of Coefficient $4\mathrm{.}6$

T$-$Value of X Coefficient $1\mathrm{.}24$

T$-$Value of Constant $3\mathrm{.}85$