Question: 2. A least square regression analysis is required. Determine the: a. Manufacturing assembly variable cost per unit. 1. Use the Variable Cost Formula shown in

2. A least square regression analysis is required. Determine the: a. Manufacturing assembly variable cost per unit. 1. Use the Variable Cost Formula shown in classroom HEX?) (EXXEY) HGXZ} (BBQ?) 2. Confirm with ljnest {EXCEL} b. Manufacturing assembly fixed cost 3. Use the Fixed Cost Total shown in the classroom. (21") (EX 2} (EXMZXY) HEW} - (ZXJ'CEX) 4. Confirm with Intercept c. The resulting cost function :1. |f195 machine hours are expected forlanuarv, which is the total cost using the cost function of requirement c. 3. Determine the goodness of t a. Square R using the formula shown in classroom (Yyiz 2 _ R _ 1 (YW b. Interpret the least square result, indicating its limitations 4. Present the corresponding table with the required columns and the Excel Summary Output of the Regression. 5. Shows the formulas uses in Excel

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!

2. A Least square regressicon analysis is required. Defermine thei a. Manufacturing assembly variatile cost per unit. 1. The the Variatile Cont formula stactan n(X2)(X)(X)n(XY)(X)(Y) 2. Confirm with...

The screenshots is from the Lastinger Implement Company Case. Please show the answers in MS EXCEL. YOU MAY USE MULTIPLE SHEETS, if necessary. Lastinger Implement Company "It doesn't make a bit of...

Could i get help with question 43. I know the answer need to know how you get there. University of Connecticut School of Business Managerial Accounting 2101 Exam 2 Fall 15 -W November 2, 2015...

Hi could I get help with number 22, 25 41? See attached exam. University of Connecticut School of Business Managerial Accounting 2101 Exam 2 Fall 15 -W November 2, 2015 Student:...

I need help with thie Cost Accounting class Assignment. It is due tonight by 11:59(13 hours from now). The file is attached. ACC 331 Spreadsheet Exam Chapters 5 and 6 In order to do these problems it...

please help with these set of questions attached as word documents Cost Behavior and CostVolumeProfit Analysis for Many Glacier Hotel Using the HighLow Method to Estimate Variable and Fixed Costs...

Required: 1. Open a spreadsheet and enter the data, 2. Create another worksheet and enter High-Low method formula to calculate variable cost per unit and total fixed costs. Use y = a + b(x) formula....

what can i do ? what can i do ? About TMA: The TMA covers the management accounting concepts and practices in the businesses. It is marked out of 100 and is worth 20% of the overall assessment...

Motor Racer Pty Ltd is a manufacturer of timing components for speedways. The company's accountant, Casey Stoner is concerned with maintenance technician costs and has recently compiled the costs for...

(15 points) Sable systems believes that there is a strong relationship between its monthly factory maintenance costs and the number of hydrogen fuel cells produced in its manufacturing facility....

Briefly describe some of the similarities and differences between U.S. GAAP and IFRS with respect to the accounting for leases.

5.32 OR for Dinner Suppose a family says the probability that they will dine out on Friday is 60% and the probability that they will dine out on Saturday is 80%. From this information, is it possible...

11.15 Management has stated that it will tolerate one stockout per year. The forecast of annual demand for a particular SKU is 100,000 units, and it is ordered in quantities of 10,000 units. The lead...

9. What is meant by the statement, the context is only relevant to us if we understand what it is trying to say?

7. What does it mean when we say that the words we use to denote a situation set limits on the solutions we can create at a later point?

8. Give examples from your own everyday life that the reference point you use has significance for the actions you take.