Practical Business Math Procedures
Practical Business Math Procedures
12th Edition
ISBN: 9781259540554
Author: Jeffrey Slater, Sharon Wittry
Publisher: McGraw-Hill Education
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Chapter 18.1, Problem 7AH

(a)

To determine

To find: The average unit cost using the weighted-average method.

(b)

To determine

To find: The ending inventory cost using the weighted-average method.

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3. Consider the polynomial equation 6-iz+7z² - iz³ +z = 0 for which the roots are 3i, -2i, -i, and i. (a) Verify the relations between this roots and the coefficients of the polynomial. (b) Find the annulus region in which the roots lie.
The managing director of a consulting group has the accompanying monthly data on total overhead costs and professional labor hours to bill to clients. Complete parts a through c.         Question content area bottom Part 1 a. Develop a simple linear regression model between billable hours and overhead costs.   Overhead Costsequals=212495.2212495.2plus+left parenthesis 42.4857 right parenthesis42.485742.4857times×Billable Hours ​(Round the constant to one decimal place as needed. Round the coefficient to four decimal places as needed. Do not include the​ $ symbol in your​ answers.) Part 2 b. Interpret the coefficients of your regression model.​ Specifically, what does the fixed component of the model mean to the consulting​ firm?   Interpret the fixed​ term, b 0b0​, if appropriate. Choose the correct answer below.     A. The value of b 0b0 is the predicted billable hours for an overhead cost of 0 dollars.   B. It is not appropriate to interpret b 0b0​, because its value…
3. Consider the polynomial equation 6-iz+7z2-iz³ +z = 0 for which the roots are 3i, -2i, -i, and i. (a) Verify the relations between this roots and the coefficients of the polynomial. (b) Find the annulus region in which the roots lie.

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Practical Business Math Procedures

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