Required informationGeorge Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of thecompany's products, a platinum diving watch, goes through an etching process. The company has recorded etching costsas follows over the last six weeks:Total EtchingCostWeekUnits1234569$ 276201131сл20724103048$ 152For planning purposes, management wants to know the variable etching cost per unit and the total fixed etching cost perweek.Required:2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week.2-b. Express these estimates in the form Y = a + bx.3. If the company processes eight units next week, what would be the expected total etching cost?Complete this question by entering your answers in the tabs below.Required 2A Required 2B Required 3Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost perweek.Note: Round your answers to 2 decimal places.Fixed etching cost per weekVariable etching cost per unit

2-a.Least-squares regression method formulas:Σy = na + bΣxn = number of weeksa = fixed costb =…

Answered: Required information George Caloz &…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter13: Lean Manufacturing And Activity Analysis

Section: Chapter Questions

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Required information George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 10 $ 26 2 7 $ 24 3 18 $ 31 4 6 $ 20 5 12 $ 27 6 13 66 $ 27 $155 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y=a+bX.
! Required information George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 1 2 3 4 5 6 Units 10 4 12 5 10 15 56 Total Etching Cost $ 27 20 27 22 25 29 $ 150 For planning purposes, management wants to know the variable etching cost per unit and the total fixed etching cost per week. Required: 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a +bX. 3. If the company processes thirteen units next week, what would be the expected total etching cost? Complete this question by entering your answers in the tabs below. Required 2A Required 2B Required 3 Using the least-squares regression method, estimate the variable etching cost per unit and the total…
Required information George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 123456 Units 17 11 W3 13 12 14 Reg 2A 47 17 84 Total Etching Cost $ 26 20 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 604 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bx. Req 2B 24 22 25 28 $ 145 Complete this question by entering your answers in the tabs below. Fixed etching cost per week Variable etching cost per unit Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. (Round your answers to 2 decimal…
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Required information George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units 7 2 30 Total Etching Cost $18 17 25 20 24 Expected total etching cost 16 $120 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 3. If the company processes five units next week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.)
ces Required Information. George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: 1 2 3 4 5 Units 5 45454 10 Req 2A 16 17 60 Total Etching Cost 5 22 21 25 20 28 32 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. $ 148 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week.. 2-b. Express these estimates in the form Y=a+bX Complete this question by entering your answers in the tabs below. eq 28 Express these estimates in the form Y= a + bx. (Round your answers to 2 decimal places.) < Req2A Reg 213
2 George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week 123456 Units 9 6 11 5 7 14 52 Total Etching Cost $ 25 20 30 21 21 32 $ 149 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. Exercise 5A-5 Part 3 (Algo) 3. If the company processes eighteen units pext week, what would be the expected total etching cost? (Round your intermediate calculations and final answer to 2 decimal places.) Answer is complete but not entirely correct. $ 38.00 X Expected total etching cost
answer please correctly with full work
Navern Coporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 44 days. This 44 days is spent as follows: Wait time 12 days Inspection time Process time Move time Queue time 12 days 5 days 6 days 9 days What is Navern's manufacturing cycle efficiency (MCE) for its elevators? Multiple Cholce 38.6% 15.6% 61.4% 591% 65°F Cloudy search DELL
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George Caloz & Freres, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company's products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: ing Cost Week 1 $54 ANAS $45 2 $36 3 4 6 Units 9 6 11 5 7 10 48 For planning purposes, management wants to know the variable etching cost per unit and the total fixed etching cost per week. Required: 1. Prepare a scattergraph plot. (Plot etching costs on the vertical axis and units on the horizontal axis.) Instructions: 1. On the graph below, use the point tool (Week 1) to plot units on the horizontal axis and total etching cost on the vertical axis. 2. Repeat the same process for the plotter tools (Week 2 to Week 6). 3. To enter exact coordinates, click on the point and enter the values of x and y. 4. To remove a point from the graph, click on the point and select delete option. Total Etching Cost $ 27 20 31 20 24 30 $ 152…
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