Taylor Corporation is determining the cost behavior of several items in order to budget for the upcoming year. Past trends have indicated the following dollars were spent at three different levels of output. Unit Levels 10,000 12,000 15,000 $25,000 $29,000 $35,000 Cost A Cost B Cost C 10,000 15,000 15,000 15,000 18,000 22,500 In establishing a budget for 14,000 units, Taylor should treat Costs A, B, and C, respectively, as Select one: a. mixed, fixed, and variable. b. Variable, fixed, and variable. c. mixed, mixed, and mixed. d. variable, mixed, and mixed. Flag question Marked out of 2.00 Question 3 Answer saved Interpreting Regression Output Rikki Bake, the controller for XYZ Incorporated, suspects that factory overhead costs are driven by the number of machine hours used. Using Excel, Ms. Bake input twelve months of historical data for total factory overhead costs and machine hours used. The summary output information is provided below. Use the output information provided to develop a cost formula for overhead cost. B D G SUMMARY OUTPUT Regression Statistics 4 Multiple R 0.963809718 R Square 0.928929173 6 Adjusted R Square 0.92182209 Standard Error 56.42709871 Observations 12 ANOVA df SS MS F Significance F 12 Regression 416166.0753 130.7047086 4.6008E-07 416166.0753 Residual 31840.17469 3184.017469 Total 448006.25 Coefficients Standard Error P-value t Stat Lower 95% Upper 95% Lower 95% Upper 95% Intercept 44.41521808 $970.12 415.4592475 2.335045169 0.0416902 44.41521808 1895.816999 1895.816999 18 Machine Hours 3.160962926 4.6008E-07 43.18113962 36.138 11.432616 29.09501101 43.18113962 29.09501101 Complete the formula below. Round answers to two decimal places. Overhead Cost = $ 0 x machine hours) O )