This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The new cost analyst in your accounting department has just received a computer-generated report ... (Read 23 times)

fox

  • Hero Member
  • *****
  • Posts: 540
on: Mar 6, 2021
The new cost analyst in your accounting department has just received a computer-generated report that contains the results of a simple regression program for cost estimation. The summary results of the report appear as follows: 

VariableCoefficientStandard Errort-Value
Constant$74.79$16.824.45
Independent variable$1,081.76$215.675.02
 r2 = 0.75 

Required:
a.What is the cost estimation equation according to the report?
b.What is the goodness of fit? What does it tell about the estimating equation?
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fox on Mar 6, 2021

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Mar 6, 2021
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 29% of students answer this correctly


fox

  • Member
  • Posts: 540
Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Example of an accounts receivable aging analysis report. Example of an accounts receivable aging analysis report.
A vacuum-operated EGR valve. The vacuum to the EGR valve is computer controlled by the EGR valve ... A vacuum-operated EGR valve. The vacuum to the EGR valve is computer controlled by the EGR valve ...
A typical evaporative emission control system. Note that when the computer turns on the canister ... A typical evaporative emission control system. Note that when the computer turns on the canister ...
Accounting Accounting
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library