Recent Posts • Latest Topics • Unanswered Questions

South by Southwest Company used least squares regression analysis to obtain the following output:

rajbir

wrote...

Go to Answer

Posts: 320

Rep:

5 years ago

South by Southwest Company used least squares regression analysis to obtain the following output:

South by Southwest Company used least squares regression analysis to obtain the following output:

Payroll Department Cost
Explained by Number of Employees
Constant$7,540
Standard error of Y estimate819
r20.8924
Number of observations20

X coefficient(s)$2.473
Standard error of coefficient(s)0.0966

Required:
a.What is the total fixed cost?
b.What is the variable cost per employee?
c.Prepare the linear cost function.
d.What is the coefficient of determination? Comment on the goodness of fit.

Textbook

Cost Accounting: A Managerial Emphasis

Edition: 16^th

Authors: Horngren, Datar, Rajan

Read 83 times

3 Replies

Report

Replies

Answer verified by a subject expert

choih94

wrote...

Posts: 178

Rep:

5 years ago

More solutions for this book are available here

1 Vote

thoratticus

Report

Related Topics

rajbir Author

wrote...

5 years ago

TY!

Report

choih94

wrote...

5 years ago

You're welcome

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1098 People Browsing

114 Signed Up Today

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

Related Images

255

357

Your Opinion

Previous poll results: Who will win the 2024 president election?

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.