Economic plausibility between the number of units, inspection labor hour with the inspection cost.

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Answer 1

Question

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

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Sp25 ACCT X CengageNOWv2 | Online teaching X exhibit 6.4.jpg 71x399) x + bw.com/ilrn/takeAssignment/takeAssignmentMain.do?inprogress=true FIFO perpetual inventory The beginning inventory at Dunne Co. and data on purchases and sales for a three-month period ending June 30 are Number Date Transaction of Units Per Unit Total Apr. 3 Inventory 25 $1,200 $30,000 8 Purchase 75 1,240 93,000 11 Sale 40 2,000 80,000 30 Sale 30 2,000 60,000 May 8 Purchase 60 1,260 75,600 10 Sale 50 2,000 100,000 19 Sale 20 2,000 40,000 < 28 Purchase 80 1,260 100,800 June 5 Sale 40 2,250 90,000 16 Sale 25 2,250 56,250 21 Purchase 35 1,264 44,240 28 Sale 44 2,250 99,000 Required: 1. Record the inventory, purchases, and cost of goods sold data in a perpetual inventory record similar to the one illust first-in, first-out method. Under FIFO, if units are in inventory at two different costs, enter the units with the LOWER un Check My Work 3 more Check My Work uses remaining Q Search hp

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Answer 2

Question

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Answer 6

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

Answer 7

Chapter 10, Problem 10.33P

1.

To determine

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

Answer 8

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

Answer 9

2.

To determine

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

Answer 10

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Answer 11

3.

To determine

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

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Answer 15

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Economic plausibility between the number of units, inspection labor hour with the inspection cost.

To explain: Economic plausibility between the number of units, inspection labor hour with the inspection cost.

To explain: Plot the date and regression line for the units inspected and inspection costs, regression line for the labor hours and inspected cost and choose the cost driver of inspection cost which is better.

the inspection cost budgeted Given information: Slope coefficient is 2.02. Intercept coefficient is $98.79. Numbers of the unit inspector is 1,500.

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Chapter 10 Solutions

the inspection cost budgeted

Given information:

Slope coefficient is 2.02.

Intercept coefficient is $98.79.

Numbers of the unit inspector is 1,500.