The regression analysis results for ABC Co. are shown as y = 90x + 45. The standard
Question:
What is ABC’s estimate of total costs?
a. $3,090
b. $9,045
c. $9,030
d. $4,590
e. $11,200
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
b Total cost ...View the full answer
Answered By
Mehwish Aziz
What I have learnt in my 8 years experience of tutoring is that you really need to have a friendly relationship with your students so they can come to you with their queries without any hesitation. I am quite hardworking and I have strong work ethics. Since I had never been one of those who always top in the class and always get A* no matter what, I can understand the fear of failure and can relate with my students at so many levels. I had always been one of those who had to work really hard to get decent grades. I am forever grateful to some of the amazing teachers that I have had who made learning one, and owing to whom I was able to get some extraordinary grades and get into one of the most prestigious universities of the country. Inspired by those same teachers, I am to be like one of them - who never gives up on her students and always believe in them!
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
Question Posted:
Students also viewed these Cost Accounting questions
-
The "techies" in the laboratory have been lobbying you and the management in general, to include just one more laboratory step. They think it's a good idea., although you have some doubt because of...
-
ABC plc, a group operating retail stores, is compiling its budget statements for the next year. In this exercise revenues and costs at each store A, B and C are predicted. Additionally, all central...
-
The head of the warehousing division of Lachton, Co., was concerned about some cost behavior information given to him by the new assistant controller, who was hired because of his recent training in...
-
A hospital radiology department has the following activities: Activity Number Activity Description 1 Repair X-ray equipment 2 Taking X-ray with X-ray...
-
What nonverbal messages can an interviewee convey to favorably impress an interviewer? What negative nonverbal messages can be conveyed?
-
Consider a 2-m-long and 0.7-m-wide stainless-steel plate whose thickness is 0.1 m. The left surface of the plate is exposed to a uniform heat flux of 2000 W/m 2 while the right surface of the plate...
-
Refer to Example 16.11. Let \(F(t)\) be the forward rate from 0 to \(t\). By the basic definition of the forward rate, we have the identity \[e^{-F(t) t}=P(r, 0, t)\] Find an explicit formula for...
-
Wolverine Corp. currently has no existing business in New Zealand but is considering establishing a subsidiary there. The following information has been gathered to assess this project: The initial...
-
what manner does the dialectic between consequentialist utilitarianism and deontological ethics elucidate the ethical complexities inherent in contemporary technological advancements, particularly in...
-
Assistant police chief Todd Beck wants to analyze the citys historic crime data in order to better allocate police resources in the future. He collects data over the past two years. Each record in...
-
Starling Co. manufactures one product with a selling price of $18 and variable cost of $12. Starlings total annual fixed costs are $38,400. If operating income last year was $28,800, what was the...
-
Darnell Poston, owner of Poston Manufacturing, Inc., wants to determine the cost behavior of labor and overhead. Darnell pays his workers a salary; during busy times, everyone works to get the orders...
-
Show that the MST clustering technique of Section 9.4.2 produces the same clusters as single link. To avoid complications and special cases, assume that all the pairwise similarities are distinct.
-
Explain why tension (in ropes, etc.) and the contact forces between surfaces are not fundamental forces.
-
Startups do well in crowded industries under two conditions: (1) they create meaningful value for customers at a fair price and (2) they differentiate themselves from competitors in ways that create...
-
A 1-kg cart and a 2-kg cart are held together with a coupler that contains a small charge. The charge is exploded and sends the \(1-\mathrm{kg}\) cart rolling away at \(+4.0 \mathrm{~m} /...
-
A bullet of speed \(v\) and inertia \(m\) strikes and gets embedded in a wooden block of inertia \(M\), initially at rest on a low-friction floor. Plot \(k_{f} / k_{i}\) as a function of \(M / m\)...
-
A 60-g Mars bar will supply you with \(1095 \mathrm{~kJ}\) of energy. How many of them would you need to get enough energy to climb the first \(800 \mathrm{~m}\) of the highest structure in the...
-
In Problems 7382, solve each equation on the interval 0 < 2. tan (20) + 2 sin0 = 0
-
A regular deposit of $100 is made at the beginning of each year for 20 years. Simple interest is calculated at i% per year for the 20 years. At the end of the 20-year period, the total interest in...
-
Miller Construction, Inc., is a privately held, family-founded corporation that builds single- and multiple-unit housing. Most projects Miller Construction undertakes involve the construction of...
-
Dr. Sherry Bird is employed by Dental Associates. Dental Associates recently installed a computerized job-order costing system to help monitor the cost of its services. Each patient is treated as a...
-
What is decentralization? Discuss the differences between centralized and decentralized decision making.
-
You are an investor, which to buy 150 shares of XYZ stocks through a broker in the trading floor. Currently the price of the share is $65 and decided to use margin option. The initial margin is set...
-
Suppose ABC Co. issues $11.61 million of 29 year zero coupon bonds today. If investors require a return of 5.82 percent compounded semiannually and all the bonds remain outstanding until they mature,...
-
Marwick's Pianos, Incorporated, purchases pianos from a manufacturer for an average cost of $1,508 per unit and then sells them to retail customers for an average price of $3,100 each. The company's...
Study smarter with the SolutionInn App