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The Saskatoon Company Manufactures Motorcycles -Refer to the Figure

Question 84

Multiple Choice

The Saskatoon Company manufactures motorcycles. The company's management accountant wants to calculate the fixed and variable costs associated with utility cost incurred by the factory. Data for the past five months were collected.  Utility  Machine  Month  cost  hours  March $30,2552,200 April 32,7502,525 May 34,7122,710 June 31,8502,410 July 30,7202,290\begin{array}{lrr}& \text { Utility } & \text { Machine } \\\text { Month } &\text { cost }&\text { hours }\\\text { March } & \$ 30,255 & 2,200 \\\text { April } & 32,750 & 2,525 \\\text { May } & 34,712 & 2,710 \\\text { June } & 31,850 & 2,410 \\\text { July } & 30,720 & 2,290\end{array}
-Refer to the Figure.When using a linear regression program,what is the value of the X Variable 1 (rounded to the nearest penny) ?


A) $0.99
B) $8.83
C) $195.35
D) $11,594.00

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