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Mello Corp. uses kilowatt hours to estimate utility costs with the following cost estimating equation:...

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Accounting

Mello Corp. uses kilowatt hours to estimate utility costs with the following cost estimating equation:
y =96,541+3.93X
Using the above estimating equation, complete the following statements by writing your answer in the blank line provided.
The slope of the cost function is: _______________________________________
The intercept of the cost function is: ____________________________________
The dependent variable of the cost function is: ___________________________
The independent variable of the cost function is: __________________________
If kilowatts were 4,000 hours for the current period, the estimated cost of utilities is:
___________________________________________

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