a Requirements g an S 1. Prepare a scatter plot of Flower Petal's volume (miles driven) and van operating costs. 2. Does the data appear to contain any outliers? Explain. 3. How strong of a relationship is there between miles driven and van operating costs? Print Done - ☑
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- _____Identifying the relationship between the activity and the costs is a key step in which of the following cost estimation methods? a) Scattergraph. b) High-low method. c) Linear regression. d) Account analysis.Cost Accounting. Answer a, b, and c and provide solution. Use FIFO methodQ-1)Prepare a scattergraph using the above data. Plot cost on the vertical axis and activity on the horizontal axis. Fit a line to your plotted points using a ruler.
- Using the data in E4-2 and spreadsheet software, determine: The variable cost per unit, the total fixed cost, and R2. The plotted data points using the graphing function. Compare the results to your solutions in E4-2 and E4-3 and explain the reasons for the results.Ma1. To arrive at Net ADR Yield, Select one: a. fees associated with distribution channel are subtracted from selling price. b. distribution channel fees are subtracted from standard ADR and the result is divided by Revenue per Available Room (RevPar). c. Net Room Rate is divided by standard ADR. d. the cost of fees associated with the specific distribution channel responsible for a room's sale are divided by the room’s selling price. Clear my choiceBreak-even analysis can help compare locations on the basis of factors that are expressed in terms of O A. total cost. OB. proximity to resources. OC. distance traveled. O D. All of the above.
- Which cost driver would you recommend Cooper use going forward? a)Actual MOH B) Fixed MOH C)DM Cost d)DL hours e)Applied MOHCOSTING METHOD. 1. What is average cost method? 2. What is FIFO cost method?CAN SOMEONE EXPLAIN TO ME HOW DO I FILL IN THE MISSING BLANKS? KEYWORDS -LIFO -FIFO -AVERAGE COST -LOWEST -HIGHEST
- Cost estimation is the process of a. Summarizing pwst costs into fixed variable components. b.Estimating the relationship between costs and the costs drivers that cause those costs. c. Documenting costs in terms of direct and indirect costs. d. All of the choices1. Compute the residual income of MCC. 2. Compute the EVA of MCC.In the cost equation TC = F + VX, “V” is best described as the: Multiple Choice intercept of the cost equation. total costs that do not vary with changes in the activity level. activity level used to estimate the dependent variable. slope of the cost equation.
