4) From the output, it is clear that R-square value is 0.92 or
92% which implies that the coefficient of determination for
predictors. That is, the independent variables given at 92%
information to the multiple regression model.
Multiple Regression Sweet Dreams Bakerý was started five years ago by Della Fontera who was known...
Three years ago, Marissa Moore started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Marissa sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $11,700 in fixed costs each year. V Your answer is correct. How many baskets will Marissa have to sell this year if she wants to earn $28,300 in operating income? (Round answer to 0 decimal places, e.g. 5,275.) 4000 baskets...
Three years ago, Debra King started a business that creates and delivers holiday and birthday gift baskets to students at the local university. Debra sells the baskets for $34 each, and her variable costs are $24 per basket. She incurs $24,000 in fixed costs each year. Last year, Debra sold 5,000 baskets, and she believes that demand this year will be stable at 5,000 baskets. The following are the actions Debra could take if she wants to earn $31,000 in...
Radakovich Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Total Cost Total Activity Assembly $ 1,443,140 59,000 machine-hours Processing orders $ 80,905 2,750 orders Inspection $ 145,733 1,910 inspection-hours The company makes 890 units of product F60N a year, requiring a total of 2,070 machine-hours, 41 orders, and 35 inspection-hours per year. The product's direct materials cost is $56.46 per unit and its direct labor cost is $22.67 per unit. The product sells for...
Hello, If anyone can help me I will grestly appreciate it! I will also give a thumbs up! Autotech Manufacturing is engaged in the production of replacement parts for automobiles. One plant specializes in the production of two parts: Part 127 and Part 234. Part 127 produces the highest volume of activity, and for many years it was the only part produced by the plant. Five years ago, Part 234 was added. Part 234 was more difficult to manufacture and...