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Long Haul, a truck parts manufacturer, is attempting todetermine cost behavior of its overhead activities for its truckparts plant. One of the major costs involved is power costs. Twopossible drivers have been noted: machine hours and temperatureoutside. Long Haul is located in a northern state and power costsincrease in the colder months. The following data for the costsinvolved has been accumulated in the table below Month OverheadCost Machine Hours Temperature Outside February $9700 2600 35 March9650 2500 40 April 10052 3000 50 May 9400 2700 65 June 9584 3000 70July 8480 2500 75 August 8550 2400 80 September 9735 2900 65October 10500 3000 60 Long Haul used regression to determine thebest line for the data with the alternative cost drivers. Withmachine hours as cost driver, the following results were obtained:Intercept is 3983 Slope is 2.02 R-square is .582 With outsidetemperature as cost driver, the following results were obtained:Intercept is 10979 Slope is -24.37 R-square is .333 1.Given theinformation above, if you had to pick just one driver,which costdriver is better? (Input a 1 for machine hours or a 2 fortemperature) 2.Assume machine hours is chosen as the cost driver.How much of the overhead is fixed? Write out the function for theline on paper. Describe what the function means, in this fashion:When no machine hours are used, overhead costs are ??. Overhead(increases or decreases?) by ?? for each additional machine hourincurred. 3.Assume outside temperature is chosen as the costdriver. What are variable costs per unit? Write out the functionfor the line on paper. Describe what the function means, in thisfashion: When the average monthly temperature is 0 degrees,overhead costs are ??. Overhead (increases or decreases?) by ?? foreach additional degree of temperature.