Freight car loadings over an 18-week period at a busy port are as follows: A- Determine a linear trend line for expected freight
car loadings. (Round your intermediate calculations and final answers to 3 decimal places.)
formula110.mml = + t
B- Use the trend equation to predict expected loadings for weeks 20 and 21. (Round your intermediate calculations and final answers to 3 decimal places.)
The forecasted demand for week 20 and 21 is and respectively.
C- The manager intends to install new equipment when the volume exceeds 776 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately how many more weeks? (Round your intermediate calculations to 3 decimal places and final answer to the nearest whole number.)
It would take approximately more weeks.
formula110.mml = + t
B- Use the trend equation to predict expected loadings for weeks 20 and 21. (Round your intermediate calculations and final answers to 3 decimal places.)
The forecasted demand for week 20 and 21 is and respectively.
C- The manager intends to install new equipment when the volume exceeds 776 loadings per week. Assuming the current trend continues, the loading volume will reach that level in approximately how many more weeks? (Round your intermediate calculations to 3 decimal places and final answer to the nearest whole number.)
It would take approximately more weeks.
1 answer:
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Facility expenses in the flexible budget comes out to be $24,260.
<h3>What is flexible budged?</h3>A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.
Calculation for the facility expenses in the flexible budget for December:
The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-
Facility expenses in the flexible budget = Variable + Fixed
= (3650*4.40) + 8200
= 16,060 + 8200
= 24,260
The wages and salaries in the planning budget for December would be closest to $24,260.
To know more about the flexible budget, here
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