1.
Introduction: The expense related to the business activities are called operating expense. The cost which changes according the unit of production is called variable cost.
To estimate: The
2.
Introduction: The expense related to the business activities are called operating expense. The cost which changes according the unit of production is called variable cost.
To prepare: Scattered graph for both the two year data.
3.
Introduction: Least square method are those methods which separate the mixed cost into two classes such as variable and fixed cost with use of regression line that reduce sum of squared errors.
The concern about the accuracy of the method.
4.
Introduction: Least square method are those methods which separate the mixed cost into two classes such as variable and fixed cost with use of regression line that reduce sum of squared errors.
To calculate: Total operating cost of the truck if it were driven 80,000 kilometer.
5.
Introduction: Least square method are those methods which separate the mixed cost into two classes such as variable and fixed cost with use of regression line that reduce sum of squared errors.
To comment: On the accuracy of high low estimate.

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Chapter 2A Solutions
MANAGERIAL ACCOUNTING CONNECT ACCESS <C>
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