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 manufacturing cost overhead using Y = a + b X

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Answer 1

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Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

2.

To determine

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.

To determine

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.

To determine

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.

To determine

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 15 Homework 13 Saved Help Save & Exit Submit Part 1 of 2 0.83 points eBook Ask Required information Use the following information to answer questions. (Algo) [The following information applies to the questions displayed below.] Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,800 of raw materials on credit. b. Materials requisitions show the following materials used for the month. Job 201 Job 202 Total direct materials Indirect materials Total materials used $ 49,000 24,400 73,400 9,420 $ 82,820 c. Time tickets show the following labor used for the month. Print References Job 201 $ 40,000 Job 202 13,400 Total direct labor 53,400 25,000 $ 78,400 Indirect labor Total labor used d. Applied overhead to Job 201 and to Job 202 using a predetermined overhead rate of 80% of direct materials cost. e. Transferred Job 201 to Finished Goods Inventory. f. Sold Job 201 for $166,160 on credit. g. Incurred the following actual other…

quesrion 2

Anti-Pandemic Pharma Co. Ltd. reports the following information in its income statement: Sales = $5,250,000; Costs = $2, 173,000; Other expenses = $187,400; Depreciation expense = $79,000; Interest expense= $53,555; Taxes $76,000; Dividends $69,000. $136,700 worth of new shares were also issued during the year and long-term debt worth $65,300 was redeemed. a) Compute the cash flow from assets b) Compute the net change in working capital (325 marks)

Answer 2

Question

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

2.

To determine

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.

To determine

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.

To determine

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.

To determine

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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Answer 3

Question

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

2.

To determine

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.

To determine

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.

To determine

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.

To determine

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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Answer 4

Question

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

2.

To determine

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.

To determine

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.

To determine

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.

To determine

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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Answer 5

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

2.

To determine

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.

To determine

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.

To determine

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.

To determine

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.

Answer 6

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

Answer 7

Chapter 2A, Problem 2A.11C

1.

To determine

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 manufacturing cost overhead using Y= a+bX

Answer 8

2.

To determine

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.

Answer 9

2.

To determine

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.

Answer 10

3.

To determine

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.

Answer 11

3.

To determine

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.

Answer 12

4.

To determine

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.

Answer 13

4.

To determine

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.

Answer 14

5.

To determine

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.

Answer 15

5.

To determine

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.

Answer 16

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Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 2A - Prob. 2A.1E Ch. 2A - Prob. 2A.2E Ch. 2A - Prob. 2A.3E Ch. 2A - Prob. 2A.4E Ch. 2A - Least-Squares Regression LO2-11 George Caloz **...Ch. 2A - Prob. 2A.6P Ch. 2A - Prob. 2A.7P Ch. 2A - High-Low Method; Predicting Cost LO2â€”10 Nova...Ch. 2A - Prob. 2A.9P Ch. 2A - Prob. 2A.10P

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 manufacturing cost overhead using Y = a + b X

Solution Summary: The author explains the Least Square method, which separates the mixed cost into two classes such as variable and fixed cost with use of regression line that reduce sum of squared errors.

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 manufacturing cost overhead using Y= a+bX

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.

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.

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.

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.

Want to see the full answer?

Chapter 2A Solutions

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 manufacturing cost overhead using Y = a + b X

Solution Summary: The author explains the Least Square method, which separates the mixed cost into two classes such as variable and fixed cost with use of regression line that reduce sum of squared errors.

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 manufacturing cost overhead using Y= a+bX

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.

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.

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.

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.

Want to see the full answer?

Chapter 2A Solutions

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 manufacturing cost overhead using Y= a+bX

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.

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.

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.

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.