XYZ Company uses the formula y = a + bX to predict and analyze overhead costs. In the previous year, XYZ used $1,750per month for the a factor and $0.35for the b factor in applying overhead. XYZ has used direct labour hours in the past, but is wondering whether overhead behaviour is more closely associated with machine hours. The following data have been generated for consideration:

Month Machine Hours Overhead Costs

1 474 $2,720

2 471 $3,015

3 399 $2,458

4 487 $2,947

5 511 $2,764

6 418 $2,597

For April of the coming year, XYZ expects3,161direct labour hours and641machine hours. Predict overhead costs using

(c) For April of the coming year, XYZ expects 3,161 direct labour hours and 641 machine hours. Predict overhead costs using (1) direct labour hours. (Round answer to O decimal place, e.g. 1,525.) Overhead cost $ (2) machine hours. (Round answer to O decimal place, e.g. 1,525.) Overhead cost $