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
Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of
mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

b. Variable manufacturing overhead spending variance $40,500U

c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

5 0
3 years ago
9. Study Question #9 Ch 7. Evaluate the following statement describing the strategy that East Asia used from the 1970s to the 19
horsena [70]

Answer:

East Asia's accomplishment in accomplishing a high development rate is a miracle.The example of overcoming adversity centers around outside trade,savings of government and above all in teaching young men and young ladies so that by accomplishing high education level they can accomplish high financial growth.East Asia likewise have a high PPP(Purchasing Power Parity)which helped them to accomplish high growth.Countries like China and Japan are putting more in colleges.  

Fare - situated methodology assumes a significant job being developed of East Asia.Many nations like Japan,Taiwan,China moved to send out polocies to cultivate high econmic growth.Of course,open exchange will be a significant development driven motor and the creating nations will considered it as a most significant weapon in accomplishing growth.Thus,industrialisation is a significant rebound for East Asia to accomplish high financial development.  

Therefore,industralisation,openness to trade,educational accomplishment and import-send out approaches helped East Asia to accomplish high econmic development.  

(b)We know the idea of 'theory of unavoidable losses or Total Factor Productivity.It states that at one point including one extra factor of creation brings about a lessening increment in output.For example,if we utilize laborers to fabricate an item then at a specific level the creation is steady and by utilizing more,the yield decreases.So we can say that the given articulation is valid.  

TFP is a significant factor for high development rate.East Asian nations have accomplished a high growth.Most of this is from factor accumulation.East Asia TFP can't and along these lines the nations lost their normal development achievement.High monetary development brings about low TFP.

8 0
3 years ago
Personal jurisdiction is not possible over the objection of an out of state defendant ________.
fenix001 [56]

Answer:

NOT-unless the court believes that justice would be served.

Explanation:

Personal jurisdiction in legal setting can be regarded as the power conferred on a court to make decision on the case of the party that's been sued, for the court to exercise this power , there is a requirement that the party must have contact in minimum way together with forum in the court.

6 0
2 years ago
In order to solve​ abb's problem, the company needed a new technology that could​ ______
IrinaK [193]

In order to solve​ abb's problem, the company needed a new technology that could​ change the companies organizational culture. In many cases, changing how an organization runs and treats their employees gives them advantages to tailor ideas to what fits their employees best. When the culture of an organization aligns their values with the employees there is better work and ideas forming.

4 0
3 years ago
Western Country Corporation made sales of $ 850 million during 2018. Of this​ amount, Western Country collected cash for $ 710 m
trapecia [35]

Answer:

We have to find Western Country Corporation's net income, and cash balance at the end of 2018.

The answers are:

Net Income = $200 million

Ending cash balance = $100 million

Explanation:

Net income is equal to sales revenue - cost of goods sold - other expenses

Net Income = $850 million - $255 million - 425 million

                   = $200 million

Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)

Ending cash balance = $85 million + $710 million - $400 million - $285 million

                                   = $110 million

5 0
3 years ago
Other questions:
  • Brenda’s community is suffering as the primary employer has shut down and all workers were laid off. In addition, the price leve
    5·1 answer
  • Mariah is single and has a monthly disposable income of $3,200. Her monthly cash outflow is approximately $2,800. Mariah include
    12·1 answer
  • What is the primary benefit for people and nations that engage in trade?
    5·1 answer
  • George works in a factory and is a member of the labor union. He thinks his wages are low for the work that he does, so he tells
    10·2 answers
  • (1) A(n) _____ is a group of people or organizations for which an organization designs, implements, and maintains a marketing mi
    11·1 answer
  • How much is a $2 dollar bill worth
    14·2 answers
  • This week's assignment is to pretend that the career services office at your university wants to develop a system that collects
    6·1 answer
  • Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of materi
    6·1 answer
  • On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 20 million, $5.00 par, common shares, t
    13·1 answer
  • Denna Company's working capital accounts at the beginning of the year follow:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!