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
Tasya [4]
3 years ago
11

Brewsky's is a chain of micro-breweries. Managers are interested in the costs of the stores and believe that the costs can be ex

plained in a large part by the number of customers patron­izing the stores. Monthly data regarding customer visits and costs for the preceding year for one of the stores have been entered into the regression analysis and the analysis is as follows:
Average monthly customer-visits 1,462

Average monthly total costs $ 4,629

Regression Results

Intercept $ 1,496

b coefficient $ 2.08

R2 0.86814


Based on the data derived from the regression analysis, what are the estimated costs for 1,600 customer-visits in a month? (CMA adapted)


A) $6,125.


B) $4,629.


C) $3,328.


D) $4,824.
Business
1 answer:
Anna35 [415]3 years ago
5 0

Answer:

Correct choice: D

Explanation:

Regression Equation = Intercept + Slope * Customer visits in a month

Estimated costs = 1496 + 2.08 * 1600 = 4824

You might be interested in
The founder of T-Square Construction strongly believes in the notion of corporate social responsibility, so he has proposed a nu
tresset_1 [31]

Answer:

a. ensure that the company is profitable and has a sustainable competitive advantage.

Explanation:

The company T-square construction is looking forward to corporate social responsibility and for this purpose the company is looking for many philanthropic activities to serve humanity and society. If a company wants to achieve this vision the first and foremost thing it should consider is that whether the company is profitable or not. If T-square is not profitable or does not have a sustainable competitive advantage it will not be able to fulfill its legal codes, financial needs and ethical requirements. If the company is not profitable it will not have resources to accomplish its vision.

5 0
3 years ago
A stock's contribution to the market risk of a well-diversified portfolio is called ___ risk. According to the Capital Asset Pri
zloy xaker [14]

Answer:

a) TRUE

b) FALSE

c) TRUE

Explanation:

A stock's contribution to the market risk of a well-diversified portfolio is called SYSTEMATIC risk.

a) TRUE. If beta of stock A = 1, stock A will move in the same direction as the market, by about the same amount.

b) FALSE. Higher beta stocks are expected to have higher required returns, as investors expect to receive higher compensation due to higher risk level of high beta stocks

c) TRUE. Market portfolio has beta = 1. Any stocks that have beta > 1 will be more volatile than the market.

3 0
4 years ago
Beth was interviewing candidates for a sales position in her department after her last two sales consultants left the position b
mr_godi [17]

Answers: selective perception

Explanation: Beth's decision to hire only male sales consultants was as a result of the experiences she had with her previous female consultants. She believes male consultants are less likely to leave due to family issues that requires sorting out, or at least not as frequently as do the females. This is based on selective perception, a form of bias wherein we interpret information in a way that is consistent with our existing value, beliefs, emotions or experiences etc. It is defined as that which makes individuals process stimuli most relevant to their needs and evaluation. Several factors influencing selective perception include previous experience, attitudes, conditioning, gender, age, race and emotional state.

8 0
3 years ago
Billy Baroo Company uses a job order cost system. The following information was found in the Work-in-Process account for the mon
Ksivusya [100]

Answer:

$37,700

Explanation:

Ending balance in WIP = 13,500 + 41,000 + 58,000 + 32,800 - 86,000

Ending balance in WIP = $59,300

Direct material charged to Job #23 = $59,300 - $12,000 - ($12,000*80%)

Direct material charged to Job #23 = $59,300 - $12,000 - $9,600

Direct material charged to Job #23 = $37,700

3 0
3 years ago
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points) 2. Describe th
Aleksandr-060686 [28]
I am not Sure What the question is explain a little better


3 0
4 years ago
Read 2 more answers
Other questions:
  • What is the most important duty of a firm's financial officer? to ensure that the firm has enough cash on hand to meet its commi
    8·1 answer
  • Segments of business's macroenvironment include all of the following except a. the economic environment. b. the social environme
    5·1 answer
  • Markets can be missing for a variety of reasons:
    15·1 answer
  • Augie purchased one new asset during the year (five-year property) on November 10, 2019, at a cost of $660,000. She would like t
    8·1 answer
  • The City of Clear Lake signed a lease agreement with Mountainside Builders whereby Mountainside will construct a new office buil
    12·1 answer
  • DJ Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the fol
    11·1 answer
  • please subscribe my mom's channel those who subscribed my mom's channel I will mark as brainlylist,thnx and follow 101 % gaurant
    10·2 answers
  • Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of u
    10·1 answer
  • An outside supplier has offered to make the part and sell it to the company for $29.80 each. If this offer is accepted, the supe
    12·1 answer
  • Your best friend just said that she isn’t going to college, because she cannot afford it. What would you tell her?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!