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Simple regression results from the data of Adriana Corporation are as follows: Machine- Equation: Overhead - $206,469 (545.83 hours) Statistical data Correlation coefficient 2.962 2.925

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Simple regression results from the data of Adriana Corporation are as follows: Machine- Equation: Overhead - $206,469 (545.83 hours) Statistical data Correlation coefficient 2.962 2.925 Required: Estimate overhead if the company expects the plant to operate at a monthly average of 9.000 machine-hours next year Overhead costs

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