1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir79 [104]
3 years ago
9

Method of Least Squares, Developing and Using the Cost Formula The method of least squares was used to develop a cost equation t

o predict the cost of receiving purchased parts at a video game manufacturer. Ninety-six data points from monthly data were used for the regression. The following computer output was received:
Intercept 201,200
Slope 365
The cost driver used was number of parts inspected.

1. What is the cost formula?
Total cost receiving of =$ + ($x)

2. Using the cost formula from Requirement 1, identify each of the following: independent variable, dependent variable, Variable rate per professional hour, and fixed cost per month.

3. Using the cost formula, predict the cost of receiving for a month in which 8,000 parts are inspected.

Total cost of receiving = $

Business
1 answer:
liberstina [14]3 years ago
5 0

Answer:

Total cost of receiving 8000 parts: 2878700

Detailed solution is given in tabular form below:

You might be interested in
Bachelor’s degrees are typically earned in _____.
WARRIOR [948]

Answer:

A bachelor degree is typically earned between 3 and 4 years. Many schools require students to complete about 40 courses or 120 credit hours.

8 0
3 years ago
Read 2 more answers
Which media outlet is a good choice for grocery and fast food advertisements because many consumers decide what to buy while enr
CaHeK987 [17]

Answer: Radio

Explanation:

4 0
3 years ago
How do you get brainlist
miss Akunina [59]

Answer:

To get brainliest, you have to provide a very good answer, and the person who asked the question can pick your answer to be brainliest using a bottom right of the question icon. A brainliest answer probably helped the user, and they are happy enough with your question to award you this.

Explanation:

8 0
3 years ago
The ultimate goal of the capital budgeting process is to​ ________. A. list the projects and investments that a company plans to
Tanzania [10]

Answer:

The correct option which represents the ultimate goal of capital budgeting is D) .

Explanation:

Capital budgeting is a kind of planning process which an organization undertakes to see if the investments or projects ( usually long term ) they are considering to invest in are worth funding . This process actually begins with the compiling a list of potential future projects. The ultimate goal of this process is to estimate what would be the effect on organizations cash flow , if a project is accepted or rejected.

8 0
3 years ago
What is a dashboard? What are the elements? and how is it useful for<br> managers?
zmey [24]
These dashboards help teams keep track of the progress and success of company-wide metrics and enable management to make data-driven decisions on future business goals. Management dashboards may include graphs, images, tables, numeric data, and data from case studies, or a combination of these elements.
6 0
2 years ago
Read 2 more answers
Other questions:
  • You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
    10·1 answer
  • The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable
    9·1 answer
  • if the change in reserves in the banking system is $40 million, and the required reserve ratio is 10 percent, then the change in
    10·2 answers
  • Pearson Motors has a target capital structure of 45% debt and 55% common equity, with no preferred stock. The yield to maturity
    10·1 answer
  • When is the best time to take an out of state college visit
    13·2 answers
  • The following questions will test you on what you have just learned about sentence-level writing including dangling modifiers, i
    11·1 answer
  • Suppose recent regulatory reforms relating to credit rating agencies are perceived to improve the reliability and accuracy of cr
    9·1 answer
  • Dwight Donovan, the president of Stuart Enterprises
    7·1 answer
  • The price index was 150 in the first year, 142.5 in the second year, and 138.2 in the third year. The economy experienced:______
    11·1 answer
  • A customer asks about or expresses concern that the rogue vc-turbo has three cylinders. What are some ways to respond?.
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!