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Anni [7]
3 years ago
13

Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The o

utput of regression analysis showed the following information:
Intercept Coefficient = 89,500

X Variable 1 Coefficient = 62.50

R- square = 0.9855

What is the company's monthly cost equation?

A. y = $62.50x + $89,500

B. y = $89,500x + $62.98

C. y = $89,500x + $98.55

D. y = $98.55x + $89,500
Business
1 answer:
defon3 years ago
5 0

Answer:

A. y = $62.50x + $89,500

Explanation:

A cost equation is an mathematical formula which company uses to estimate the cost and expenses which is associated with the production or sales processes.

y represents the total cost which can be calculated by adding total variable cost and Fixed cost. X represent the quantity and variable coefficient is the variable cost. to calculate the total variable cost the quantity is multiplied with the variable cost unit as follow

variable cost = $62.50x

As Intercept Coefficient shows the fixed cost

Fixed cost = $89,500

So the cost equation will be

Total Cost = Variablecost + Fixed cost

y = $6.50x + $89,500

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RoseWind [281]

Answer:

the  equivalent amount the company can spend 3 years from now in then-current dollars is $3,943,200

Explanation:

The computation of the equivalent amount the company can spend 3 years from now in then-current dollars is shown below:

= $2,400,000 × (1 + 17.8%)^3

= $2,400,000 × 1.63942

= $3,943,200

Hence, the  equivalent amount the company can spend 3 years from now in then-current dollars is $3,943,200

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3 years ago
If you value outdoor recreation, which career might be good for you?
spin [16.1K]
You could be a coach of some sort or you could try to be a profesinal athlete or you could be a triner 
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3 years ago
Read 2 more answers
Saul Goodman graduates from law school and gets a position in a law firm. At the same time the price of pizza falls while other
kumpel [21]

Yes, Saul Goodman is violating Law Of Demand.

<h3><u>What is Law of Demand?</u></h3>
  • One of the most fundamental ideas in economics is the law of demand. It explains how market economies distribute resources and set the prices of goods and services that we see in daily transactions by combining the law of supply.
  • According to the law of demand, the quantity bought varies inversely with price. In other words, the quantity demanded decreases as the price increases. Because of declining marginal utility, this happens.
  • In other words, consumers utilize the initial units of an economic good they buy to fulfill their most pressing requirements first, and they use the subsequent units to fulfill progressively lower-valued goals.

Since, Saul Goodman bought less pizza after its price drop, he's violating the law of demand.

Know more about Law of Demand with the help of the given link:

brainly.com/question/10782448

#SPJ4

6 0
2 years ago
Which of the following methodologies might be most appropriate if you have a system project with: unclear requirements; very fam
Anna71 [15]

Answer:

The last option is wrong, the correct option to that question is: Extreme Programming.

And the correct answer is that option.

Explanation:

To begin with, the name of <em>"Extreme Programming"</em> refers to a specific methodology of development of software that mainly focuses in the improvement of software quality and the responsiveness to changing customers requirements. Moreover, this methodology best fits in the cases where the system project comes with unclear requirements and where there is a short time schedule due to the fact that as a type of agile software development it advocates frequent releases in short time cycles that are primarily focus on introducing checkpoints in where the requirements of the consumers who are unclear can be adopted.

5 0
4 years ago
What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?​
3241004551 [841]

Answer:

$6.64

Explanation:

The applicable formula

A = p x ( 1+ r)^ n

A =amount after 3 months

p=principal amount: $960

r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023

n = 3 month

A = $960 x ( 1+ 0.0023) ^3

A =$960 x (1.0023)^3

A =$960 x 1.00691

A=$966.64

compound interest Earned

=$966.64 - $960

=$6.64

6 0
3 years ago
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