A company is using regression analysis to analyze maintenance costs. The first analyzes the relationship between maintenance cost and direct labor hours. The second analyzes the relationship between maintenance cost and units produced. Here are the results of the regression analysis: Direct Labor Hours: Intercept Coefficient -9,466.87, X Variable 1 Coefficient - 5.96, R-square- 0.89 Units Produced: Intercept Coefficient - 21,810.74, X Variable 1 Coefficient - 13.95, R-square= 0.62 If you estimate 120,625 direct labor hours or 48,250 units produced next month, what is the best estimate for total maintenance costs? O $942.873.92 O $1,423,290.11 O $694.898.24 O $728.391.87
