What is the variance for total costs? A) $25 Favorable B) 5140 Unfavorable C) $115 Unfavorable D) $115 Favorable 2) The Chev Company used regression analysis to predict the annual cost of utilities. The results were 2) as follows: Utilities Cost Explained by Direct Labor Hours Constant 2,500 Standard error of Y estimate 595 R-Squared 0.8650 No. of observations 30 Degrees of freedom 28 X Coefficient 2037 Standard error of coefficient 0.917 The coefficient of determination is A) 2.037 B) 0.8650 C) 595 D) 0.917