Which of the following methods of cost estimation relies on only two data points? A. The high-low
Question:
Which of the following methods of cost estimation relies on only two data points?
A. The high-low method
B. Account analysis
C. Least-squares regression
D. SWOT analysis.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
The method of cost estimation that relies on onl...View the full answer
Answered By
ROXAN VEGA
I have extensive hands-on experience and proficiency in assisting students in various subjects. During my tutoring sessions, I prioritize creating a supportive and engaging learning environment. I strive to understand each student's unique learning style and tailor my teaching methods accordingly. I am patient, empathetic, and skilled at breaking down complex concepts into simpler, more manageable parts. I encourage active participation and discussion, promoting critical thinking and problem-solving skills.
One of my strengths as a tutor is my ability to adapt to different learning needs and styles. I can explain difficult concepts using real-life examples, visual aids, or interactive exercises, depending on what works best for the student. I also provide clear explanations, answer questions, and offer guidance in a clear and concise manner.
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 2 Managerial Accounting
ISBN: 9780357364802
1st Edition
Authors: OpenStax
Question Posted:
Students also viewed these Business questions
-
1. Hannah is applying for a life policy on her girlfriend Sarahs life. The policy is $500,000 and carries a large premium. Hannah is the main earner, so she is concerned about not being able to pay...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
1. For the control activities to be effective, employees maintaining the accounts receivable subsidiary ledger should not also approve a. Employee overtime wages. b. Credit granted to customers. c....
-
For the Somerset furniture Company described in Case Problem 10.1 in Chapter 10, determine the product lead time by developing a time line from the initiation of a purchase order to product delivery....
-
Is it possible in a fast-growth company to avoid stress?
-
Speculate as to why Canon is so unusual in its degree of independence from Japans domestic market, compared to most other Japanese firms.
-
Reconsider Problem 65. Plot a graph of capital recovery cost versus useful life for lives 1 to 25 by 1. Data from problem 65 Crush Autosmashers can purchase a new electromagnet for moving cars at a...
-
Beth Zion Hospital has received initial certification from the state of California to become a center for liver transplants. The hospital, however, must complete its first 18 transplants under great...
-
You are the owner of Poptastic. For the past few years, to help supplement your familys income, you have sold premium, homemade popsicles from your food truck and a few local businesses in Pensacola,...
-
In the cost equation Y = a + bx, Y represents which of the following? A. Fixed costs B. Variable costs C. Total costs D. Units of production
-
The high-low method and least-squares regression are used by managers to ________. A. Decide whether to make or buy a component part B. Minimize corporate tax liability C. Maximize output D. Estimate...
-
Consider a Poisson random variable with μ = 3. Isolate the appropriate column in Table 2 and fill in the probabilities below. Fill in the blanks in the table below. 4 1 3 5 10 P(xs k)...
-
In the course pack, we looked at this problem with three aluminum rods supporting this 1000-pound beam, and found that the tensile forces were 400 pounds in rods A and C and 200 pounds in rod B. a....
-
How does the integration of data analytics and predictive modeling empower decision-makers to anticipate future outcomes and optimize resource allocation, enabling more informed and decisive...
-
What ethical considerations must be navigated when designing and implementing poverty alleviation interventions to ensure that they uphold human dignity, autonomy, and cultural sensitivity?
-
A risk manager self-insured a property risk for one year. even though no losses had occurred, the risk manager purchased property insurance to address the risk. What is the best explanation for the...
-
How do resilient individuals cultivate a robust psychological framework, characterized by adaptability, perseverance, and emotional fortitude, to navigate adversity, uncertainty, and setbacks with...
-
Shirley Johnson, portfolio manager, has asked you to analyze a newly acquired portfolio to determine its mean value and variability. The portfolio consists of 50 shares of Xylophone Music and 40...
-
B.) What is the approximate concentration of free Zn 2+ ion at equilibrium when 1.0010 -2 mol zinc nitrate is added to 1.00 L of a solution that is 1.080 M in OH - . For [Zn(OH) 4 ] 2- , K f = 4.610...
-
Prepare an unadjusted trial balance, in correct format, from the following alphabetized account information. Assume all accounts have normal balances. Accounts payable Accounts receivable Building...
-
Krespy Corp. has a cash balance of $7,500 before the following transactions occur: A. Received customer payments of $965 B. Supplies purchased on account $435 C. Services worth $850 performed, 25% is...
-
Post the following November transactions to T-accounts for Accounts Payable, Inventory, and Cash, indicating the ending balance. Assume no beginning balances in Accounts Payable and Inventory, and a...
-
Required information [The following information applies to the questions displayed below.] The following trial balance was drawn from the records of Jordan Company as of October 1, year 2. Cash...
-
A company must decide which of its factories to keep operational and how to distribute its products from these factories to various customers. The goal is to minimize the total costs, which include...
-
Design an algorithm based on depth-first search to determine if a graph is bipartite and if it is not return an odd length cycle in the graph. Your algorithm should use the adjacency list...
Study smarter with the SolutionInn App