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Author Question: Yancy Company manufactures chairs. Because the efforts of manufacturing are approximately equal ... (Read 83 times)

penza

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on: Mar 6, 2021
Yancy Company manufactures chairs. Because the efforts of manufacturing are approximately equal between labor and machinery, management is considering other possible cost drivers. By considering different cost drivers, it is anticipated that the estimating process can be improved. The following cost estimating equations with their r2 values have been determined for 2017: 

1.X = cutting timey = $19,500 + $20Xr2 = 0.65
2.X = labory = $5,000 + $25Xr2 = 0.49
3.X = machineryy = $44,500 + $5Xr2 = 0.55 

Required:
a.Which equation should be selected for the analysis?
b.What other factors should be included in the selection of the estimating equation? 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by penza on Mar 6, 2021

bd5255

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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.
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penza

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Reply 2 on: Mar 6, 2021
Excellent

adf223

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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