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

Question

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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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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.