# Refer to the information in Exercise 22 for Wyoming Wholesale. a. Using the least squares method, develop the equation for predicting weekly receiving report costs based on the number of shipments received. b. What is the predicted amount of receiving report costs for a month (assume a month is exactly four weeks) in which 165 shipments are received?

Refer to the information in Exercise 22 for Wyoming Wholesale.

a. Using the least squares method, develop the equation for predicting weekly receiving report costs based on the number of shipments received.

b. What is the predicted amount of receiving report costs for a month (assume a month is exactly four weeks) in which 165 shipments are received?

## This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

**Related Book For**

## Cost Accounting Foundations and Evolutions

8th Edition

**Authors:** Michael R. Kinney, Cecily A. Raiborn

**ISBN:** 978-1111626822