3,4,&5 please 3. Using the high-low method, calculate Odessa's total fixed shipping costs and...

70.2K

Verified Solution

Question

Accounting

image
image
image
image
3,4,&5 please
3. Using the high-low method, calculate Odessa's total fixed shipping costs and varlable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. Note: Round your intermediate caiculations to 2 decimal places and finat answers to the nearest dollar. Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Note: Round your answers to 2 decimal places. Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below. Perform a least-squares regression analysis on Odessa's data. Note: Use Microsoft Excel or a statistical package to find the coefficients using least-squares regression, Round your answers to 2 decimal places. Required information [The following information applies to the questions displayed below] Odessa, Incorporated, manufactures one model of computer desk. The following data are avalable regarding units shipped and total shipping costs Required: 3. Using the high-low method, calculate Odessa's total fixed shipping costs and variable shipping cost per unit. 4. Perform a least-squares regression analysis on Odessa's data. 5. Using the regression output, create a linear equation (y=a+bx) for estimating Odessa's shipping costs. Complete this question by entering your answers in the tabs below

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students