View Your P X Course Hon X Do Homewo X or https://build x @ Inbox x 20 min Upp X .". RealPage H( X .'. waterfordre X (2) New Me X Paycor Sect X + C mathxl.com/Student/PlayerHomework.aspx?homeworkld=607552073&questionld=3&flushed=false&cld=6659356&centerwin=yes Update : Apps @ Quiz: Exam 1 2 Octoly.com .". RealPage Unified... MyLab & Masterin... Budget Tracker &... Classes | Peloton RJ Investment Account a Amazon.com: Onli... Reading List Fall 2021 ACCT-2302.900: Principles of Managerial Acctg Caitlin Tyner & | 10/07/21 9:12 PM Homework: Chapter 6 Homework Question 3, P6-68A (simil... HW Score: 40.75%, 4.07 of 10 points Part 9 of 11 Points: 0.53 of 1 Save Jamie Rouse is the Chief Operating Officer at Great Hospital in Orlando, Florida. He is analyzing the hospital's overhead He has gathered the following information for the last six months of the most recent year: costs but is not sure whether nursing hours or the number of patient days would be the best cost driver to use for (Click the icon to view the information.) predicting the hospital's overhead. Read the requirements Hospital Ov 838 Number of Patient Days Requirement 4. Do the data appear to be sound, or do you see any potential data problems? Explain. There does not appear to be any outlier in the graph depicting overhead costs against nursing hours. In the graph of overhead costs against the number of patient days, there does appear to be an outlier. The September data point appears out of line with the other data points. If any of the data points are out of line, management should check into this data before continuing with the analysis. Requirement 5. Use the high-low method to determine the hospital's cost equation using nursing hours as the cost driver. Predict total overhead costs if 24,500 nursing hours are predicted for the month. Use the high-low method to determine the hospital's cost equation using nursing hours as the cost driver. (Round the variable cost to the nearest cent.) y = $ 12.50 x + $ 183,750 Predict total overhead costs if 24,500 nursing hours are predicted for the month. The total predicted overhead costs for the month is $ 490,000 Requirement 6. Rouse runs a regression analysis using nursing hours as the cost driver to predict total hospital overhead costs. The Excel output from the regression analysis is as follows: (Click the icon to view the regression analysis. If 24,500 nursing hours are predicted for the month, what is the total predicted hospital overhead? (Round your answer to the nearest cent.) The total predicted hospital overhead, when 24,500 nursing hours are predicted for the month, is Video e Text Pages Get More Help - Clear All Check