Almed Products has determined that the number of machine hours worked (MH) drives the amount of manufacturing overhead incurred (MOH). On the basis of this relationship, a staff analyst has constructed the following regression equation:MOH = 240,000 + 8MHWhich of the choices correctly depicts the nature of Almed's variables? DependentIndependentA.MOHMOHB.MOHMHC.MHMOHD.MHMHE.8240,000
A. Choice A
B. Choice B
C. Choice C
D. Choice D
E. Choice E
Answer: B
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