The cost accountants at the Doering Company regressed total overhead costs and direct labor hours for the past 30-months and reported the following results:

Slope	=	$ 39.61
Intercept	=	$572.37
Correlation coefficient	=	0.896

What is the estimated overhead cost if 204 direct labor hours are expected to be used in the upcoming period? (rounded to the nearest whole dollar)

$8,593.

$10,354.

$8,080.

$8,653.