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The following excel printout provides information to estimate overhead costs using linear regression. Coefficient Standard-Error-Stat P-Value Lower 95% Upper 95% Intercept 6035.99 1411.05 4.280.003 2782.09

The following excel printout provides information to estimate overhead costs using linear regression.

Coefficient Standard-Error-Stat P-Value Lower 95% Upper 95%

Intercept 6035.99 1411.05 4.280.003 2782.09 9289.89

DLH 4.56 1.61 2.83 0.022 0.85 8.27

#Setups771.154.93 14.03 6.44e-07 644.42 897.78

# Moves 29.94 2.87 10.42 6.26E-06 23.31 36.57

Regression Statistics

Multiple R 0.9966

R-Square 0.9932

Adjusted R-Square 0.9906

Standard Error 347.96

Observations 12

The estimated fixed cost would be?

a) 771.10

b) 29.94

c) 4.56

d) 6,035.99

Please explain.

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