This topic contains a solution. Click here to go to the answer

Author Question: Sisler Company would like to estimate its total manufacturing costs using regression analysis ... (Read 76 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
Sisler Company would like to estimate its total manufacturing costs using regression analysis but
unsure whether machine hours or units produced would be a better predictor of total manufacturing
costs.

Output from regression analysis using machine hours as the volume (cost driver) follows.
(Note: the results are excerpts so not all of the regression analysis results are presented.)



Output from a regression analysis using units produced as the volume (cost driver) follows.
(Again, the results are excerpts so not all of the regression analysis results are presented.)



Required:
1.  What is the cost equation if machine hours is used as the volume (cost driver)?
2.  Predict total manufacturing costs using machine hours as the volume (cost driver) if Sisler
Company uses 18,000 hours.
3.  What is the cost equation if units produced is used as the volume (cost driver)?
4.  Predict total manufacturing costs using units produced as the volume (cost driver) if Sisler
Company produces 65,000 units.
5.   Which volume (cost driver) is a better predictor of total manufacturing costs?  Why?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by FButt on Jan 5, 2020

ally

  • Sr. Member
  • ****
  • Posts: 331
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly




FButt

  • Member
  • Posts: 519
Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it


okolip

  • Member
  • Posts: 362
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

For a complete list of videos, visit our video library