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What percentage change in overhead costs

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Question - The following computer printout was generated, using regression, for use in estimating overhead costs.

Intercept 5700

X Variable 1 45

Multiple R 0.3000

R Square 0.0900

Activity variable Direct labour hours

What percentage change in overhead costs (rounded to nearest percent) can be explained by changes in direct labour hours?

Reference no: EM132880516

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