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Adriana Corporation manufactures football equipment. Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead = $43,432 + ($88.70 x Machine-hours)

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Adriana Corporation manufactures football equipment. Simple regression results from the data of Adriana Corporation are as follows: Equation: Overhead = $43,432 + ($88.70 x Machine-hours) Statistical data Correlation coefficient R2 .609 . 371 Required: Estimate overhead if the company expects the plant to operate at a monthly average of 9,170 machine-hours next year. Overhead costs

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