The Neil Delivery Service has developed the following cost equation to estimate their total costs (Y) based on the number of miles driven (X): Y = 14,500 + 0.30X.

What is the best estimate of total costs when they expect to drive 340,000 miles?

A. $340,000

B. $116,500

C. $4,350

D. $14,500

Trente Corp has identified two activities in its activity based costing system: setups and production. The activity overhead rates for these two activities are $321 per setup and $1.31 per direct labor hour, respectively. To make product X5, Trente incurred $623 in direct materials costs, $124 in direct labor costs, and used 3 setups and 29 direct labor hours. The total overhead assigned to product X5 would be:

A. Cannot be determined

B. $747.00

C. $1,747.99

D. $1,000.99

A hospital uses the number of Patient-Days as their predictor of total maintenance costs, Regression analysis produced the following Excel output. What is the best estimate of FIXED maintenance costs when the hospital expects 1,000 patient-days?

Y-Intercept	$5,668
X-variable (patient-days)	$0.525
R-squared	0.77

A. $5,668

B. $525

C. $6,193

D. $770