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The managerial accountant at Organic Beverage Factory used spreadsheet software to run a regression analysis scenario and compile the following monthly cost data: Organic
The managerial accountant at Organic Beverage Factory used spreadsheet software to run a regression analysis scenario and compile the following monthly cost data: Organic Beverage Factory Intercept coefficient X Variable 1 Coefficient $4,286,652 $28.21 0.6521 R-square Which of the following is the correct cost equation showing the correlation of monthly costs, based on the results of the regression analysis compiled by the managerial accountant? OA. y = $28.21x + $4,286,652 OB. y $4,286,652 + $28.21 OC. y $0.6521 +$28.21x OD. y = 0.6521x + $4,286,652
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