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aksik [14]
3 years ago
10

The three methods used to classify costs into their fixed and variable components includes:_____.

Mathematics
2 answers:
Artyom0805 [142]3 years ago
5 0

Answer:

a. high-low method.

b. scatter diagrams.

d. least-squares regression.

Step-by-step explanation:

The three methods used to classify costs into their fixed and variable components includes:

  • high-low method.

  • scatter diagrams.

  • least-squares regression.
Allushta [10]3 years ago
4 0

Answer:

a. high-low method.

b. scatter diagrams.

d. least-squares regression.

Step-by-step explanation:

Costing is a measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.

Fixed cost can be defined as predetermined expenses in a business that remain constant for a specific period of time regardless of the quantity of production or level of outputs. Some examples of fixed costs in business are loan payments, employee salary, depreciation, rent, insurance, lease, utilities etc.

On the other hand, variable costs can be defined as expenses that are not constant and as such usually change directly and are proportional to various changes in business activities. Some examples of variable costs are taxes, direct labor, sales commissions, raw materials, operational expenses etc.

In Financial accounting, the three methods used to classify costs into their fixed and variable components includes high-low method, scatter diagrams and least-squares regression.

The high-low method is a quick and easy way to estimate costs by using historical accounting information from a range of reporting periods.

A scatter diagram (scattergraph) estimate costs by considering all the data points and not just the lowest or highest point.

A least squares regression line is a standard technique in regression analysis used to make the vertical distance obtained from the data points running to the regression line to become very minimal or as small as possible.

Generally, the sum of the residuals of a least squares regression line is always equal to zero.

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4

Step-by-step explanation:

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inn [45]

Answer:

t = 17.3

Step-by-step explanation:

The following data were obtained from the question:

Angle T = 87°

Opposite T = t =?

Opposite V = v = 14

Opposite U = u = 11

The value of t can be obtained by using cosine rule formula as shown below:

t² = v² + u² – 2vu CosT

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Take the square root of both side

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t = 17.3

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3 years ago
Angelo is making a rectangular floor for a clubhouse with an area of 84 square feet. The length if each side of the floor is a w
Alexxandr [17]

Answer:

L=1 ft and B=84 ft

L=2 ft and B=42 ft

L=4ft and B=21ft

L=6ft and B=14 ft

L=7ft and B=12ft

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L=42 ft and B=2 ft

L=84 ft and B=1 ft

Step-by-step explanation:

We are given that

Area of rectangular floor=84 square feet

We have to find the possible length and width of for Angelo's clubhouse.

Area of rectangle=length\times breadth

Using the formula

Area of rectangular floor for clubhouse=84 square feet

Length(L)\times breadth(B)=84

Factor of 84 are

1,2,4,6,7,12,14,21,42,84

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1ft\times 84ft,2ft\times 42ft,4ft\times 21ft,6ft\times 14ft,7ft\times 12ft,12ft\times 7ft,14ft\times 6ft,21ft\times 4ft,42ft\times 2ft,84ft\times 1ft

L=1 ft and B=84 ft

L=2 ft and B=42 ft

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L=12 ft and B=7ft

L=14ft and B=6 ft

L=21 ft and B=4 ft

L=42 ft and B=2 ft

L=84 ft and B=1 ft

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