Question: 16. If the controller uses regression analysis to estimate costs, the cost equation for administrative salaries is: A. Cost = $19,943.58 + $13.00 x Credit-hours.

16. If the controller uses regression analysis to estimate costs, the

16. If the controller uses regression analysis to estimate costs, the cost equation for administrative salaries is: A. Cost = $19,943.58 + $13.00 x Credit-hours. B. Cost = $69,474.40 + $114 30 x Credit-hours. C. Cost = $96,409.42 + $103.56 x Credit-hours. D. Cost = $12,521.26 + $11.99 x Credit-hours

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

16. If the controller uses regression analysis to estimate costs, the cost equation for administrative salaries is: A. Cost = $19,943.58 + $13.00 x Credit-hours. B. Cost = $69,474.40 + $114 30 x...

PLEASE COMPLETE NO LATER THAN 10/07 @8:00AM Each question(1,2,& 3) must be a minimum of 200 words. Please make answers detailed and knowledgeable based off the attached reading. ARE YOU ABLE TO...

The controller's office has analyzed the data and has given you the results from the regression analysis of administrative costs and credit hours for the past 12 months. SUMMARY OUTPUT Regression...

i want the answer or solution to this Mid-test copy The University of the South Pacific Serving the Cook Islands, Fiji, Kiribati, Marshall Islands, Nauru, Niue, Samoa, Solomon Islands, Tokelau,...

1. The Shapely Company uses the high-low method to determine its cost equation. The following information was gathered for the past year: Machine Hours Direct Labor costs Busiest month(June) 10,000 $...

Answer the multiple choice questions with calculation. Dont just give A,B,C,D. Give full working on how to get the answers of 15 Multiple choice questions. Thank you so much. All the information has...

Problem 2: Pizza Pourri (Cost Estimation) Davide, the owner of Pizza Pourri, is trying to forecast operating costs for the next month. Davide estimates that the restaurant will produce 50,000 pizzas...

Question 1 (4 points) Arident Inc. reports the following information for the first quarter of the current year: Property taxes, plant $12,000 Work-in-process, Jan 1 80,000 Direct labor 510,000...

Create charts to better understand data sets. For cross-sectional data, use a scatter chart. For time series data, use a line chart. Linear y = a + bx Logarithmic y = ln(x) Polynomial (2nd order) y =...

The College of Business at Northeast College is accumulating data as a first step in the preparation of next year's budget development. One cost that is being looked at closely is administrative...

In Figure, prove that the incidence of a $0.60 tax imposed on sellers could not be split equally between buyers and sellers, given the supply and demand curves as drawn. $11 $11 9 95 105 85 115 (a)...

You were planning to spend Saturday working at your part-time job, but a friend asks you to go skiing. What is the true cost of going skiing? Now suppose you had been planning to spend the day...

Explain why this method is much more secure than symmetric encryption.

Please help it's urgent thank you. please write 400-450 words. thank you QUESTION 4 (20 MARKS) The success of any project is dependent on a diverse range of skills, abilities and competencies of the...

6. Think of something that you believe in, without the slightest doubt attached to it. How do you imagine this? Is it verbal, in rumours, in metaphors or the like? The answer says something about how...

Do not move closer than an arms distance. (This distance literally applies to Northern Europe. In Southern Europe this distance is slightly smaller.) If you get closer than this distance, you seem...

2. Now list, after going through a-c, three things that you want to be the impres-sion you want others to be left with after meeting you, and that you want to be lasting over time. List four points...