Question: question will be sent to your instructor for grading A company presents the following output: Regression Statistics Multiple R 0.9682 R Square 0.9374 Observations 30

presents the following output: Regression Statistics Multiple R 0.9682 R Square 0.9374

question will be sent to your instructor for grading A company presents the following output: Regression Statistics Multiple R 0.9682 R Square 0.9374 Observations 30 Intercept Production (X) Coefficients 23,327 5.58 Standard Error 8,273 0.6863 T Stat 2.82 8.13 P-Value 0.009 0.000 a. What is the total fixed cost? Total Fixed Costs b. What is the variable cost per unit? (Round the answer to 2 decimal places.) Variable Costs Per Unit This question will be sent to your instructor for grading. b. What is the variable cost per unit? (Round the answer to 2 decimal places.) Variable costs Per Unit c. What total cost when the company sells 14,000 units? (Round intermediate calculations to 2 decimal places.) Total Costs d. How reliable is the cost equation? How do you know?

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!

Department of Economics Ohio Wesleyan University Delaware, OH Economics 251 Research Methods Fall 2015 Daniel Kidane Midterm Exam II This exam is 50 points and will count 15% of your final grade. It...

Question 1: Question 2: Sage, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R R Square Observations 0.9682 0.9374...

Sage, Inc. used Excel to run a least-squares regression analysis, which resulted in the following output: Regression Statistics Multiple R R Square Observations 0.9682 0.9374 30 Intercept Production...

Day Date Weekday Daily Demand Weekend weekday Average daily demand weekdays 1 4/25/2016 Mon 297 0 sun 453.25 mon 2 4/26/2016 Tue 293 0 mon 301.38 tue CheckWed the formula 3 4/27/2016 327 0 tue 315.13...

1. If extreme values occur in the data set, which of the following measures of central tendency are the most appropriate A. B. C. D. E. 2. The The The The The mean median mode variance standard...

day of the week Daily Dem Average Daily price per pack Monday 297 11.1 Tuesday 293 10.055 Wednesday 327 9.77 Thursday 315 10.6 Friday 348 9.59 Saturday 447 8.965 Sunday 431 10 Monday 283 10.16...

Set Week Three During this week, we will look at ways of testing multiple (more than two) data samples at the same time. We will continue to use the data and assignment file that we opened in Week 2,...

Question 2: Explanation of Statistical Calculations Question 3: Compare the calculated Beta with the reported Beta on Yahoo! Finance. Question 4: Regression Statistics Ticker Start ^GSPC 9/30/1994...

ID Salary 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 59.3 26.5 34.1 56.3 46.8 79.5 41.2 23.6 76 22.7 23.8 62.9 41.4 22.3 23.1 46.6 67.6 33.8 24 35 75.2 51.5 22.1 55.4 24.9 24.3 42.9 76.6 75.4...

please solve using the tahoe salt model provided. use excel and show ALL STEPS/ EQUATIONS. I have posted this question multiple times and no one has answered would be nice to actually get some help....

Raymond P. Wirth signed a pledge agreement which stated that in consideration of his interest in education and intending to be legally bound, he irrevocably pledged and promised to pay Drexel...

Aerospace Inc. is considering an acquisition of a machine. The machine costs $ 1.5 million and would cost another $120,000 to modify it for its customized use. This machine has an estimated service...

Which of the following actions would be likely to shorten the eash coerversion cycle? q , Adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials...

P-1) (100 Pts.) A chemical manufacturing company (CMC) has a contract for the procurement of the neccssaly chemicals from four suppliers. The chemicals purchased from Supplier A are priced at $20...

(Appendices) UNCOLLECTIBLE ACCOUNT EXPENSE: AGING METHOD. Cindy Bagnal, the manager of Cayce Printing Service, has provided you with the following aging schedule for Cayces accounts receivable: Cindy...

(Appendices) EFFECTS OF DISCOUNTS ON SALES AND PURCHASES. Helmkamp Products sells golf clubs and accessories to pro shops. During 19x5, Helmkamp purchased merchandise with a list price of $628,500 on...

(Appendices) Compare and contrast the three major ways economies can be organized. What type of economy exists in the United States? Do you think another type of economy would be better? Explain your...