subject
Business, 06.10.2019 04:00 kaitlynngrace15

The method of least squares was used to develop a cost equation to predict the cost of monthly equipment maintenance. the following computer output was received: intercept40,000slope20the driver used was the number of machine hours. using the cost formula for the equipment maintenance cost, what is the predicted cost of equipment maintenance for april, assuming that 8,000 machine hours will be logged in april?
a. $140,000
b. $200,000
c. $185,000
d. none of these choices are correct.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
question
Business, 22.06.2019 05:40
Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?
Answers: 1
question
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
question
Business, 22.06.2019 08:00
In addition to using the icons to adjust page margins, a user can also use
Answers: 1
You know the right answer?
The method of least squares was used to develop a cost equation to predict the cost of monthly equip...
Questions