Answer and explanation:
Regression coefficients portrait the changes in variables after one unit has changed keeping the rest of the predictors of the model the same. While the <em>simple linear regression</em> is predicted from one variable, the <em>multiple regression</em> is predicted for more than one of them.
Answer:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)
Explanation:
Giving the following information:
The company's predetermined overhead rate of $2.40 per machine-hour was based on a cost formula that estimates $192,000 of total manufacturing overhead for an estimated activity level of 80,000 machine-hours.
To allocated overhead costs to a specific job, you need to multiply the estimated rate for the number of machine-hours required for the job.
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base (machine hours)
Answer:
A. $57,000
B. Depreciation rate per mile is $0.19
C. Depreciation is $14,630
Explanation:
a. cost of the truck less the residual value.
Cost of the truck $69,000
Less: Residual value <u>$12,000</u>
$57,000
b. Depreciation rate per mile is computed by dividing cost of the truck less the residual value over the estimated useful life.
$57,000 / 300,000 miles = $0.19
c. Units-of-activity depreciation for the year is computed by multiplying miles driven for the year by depreciation rate per mile.
77,000 miles x $0.19 = $14,630
Answer:
The amount of cash received from the sale is $1,027,500
Explanation:
In this scenario we first have to know the number of bonds issued and then multiply it by the bond price which is given to us in the question.
The bonds have a total face value of 1,000,000 and one bond is issued at 102.75 which means that the face value of a single bond is 100.
Now in order to find the number of bonds issued we will divide the total face value by the face value of a single bond.
1,000,000/100=10,000.
10,000 bonds were issued at $ 102.75 now in order to calculate the total cash received we will multiply the number of bonds with the issue price.
10,000*102.75=1,027,500
