Refer to Wythe Industries in P6-78B. Requirements 1. Use Excel regression analysis to determine Wythe Industries' manufacturing
Question:
Requirements
1. Use Excel regression analysis to determine Wythe Industries' manufacturing overhead cost equation using DL hours as the cost driver. Comment on the R-square. Estimate manufacturing overhead costs if Wythe Industries incurs 24,000 DL hours in January.
2. Use Excel regression analysis to determine Wythe's manufacturing overhead cost equation using number of units produced as the cost driver. Use all of the data provided. Project total manufacturing overhead costs if Wythe Industries produces 5,100 units. Which cost equation is better-this one or the one from Requirement 1? Why?
3. Use Excel regression analysis to determine Wythe Industries' manufacturing overhead cost equation using number of units produced as the cost driver. This time, remove any potential outliers before performing the regression. How does this affect the R-square? Project total manufacturing overhead costs if 5,100 units are produced.
4. In which cost equation do you have the most confidence? Why?
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Req 1 y 1273x 18384831 The Rsquare is 0987514 therefore projections should ...View the full answer
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