Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. data for pharoah corporations maintenance costs is

Data for Pharoah Corporations maintenance costs is shown below. Units Produced Total Cost July 18,560...

70.2K

Verified Solution

Question

Accounting

Data for Pharoah Corporations maintenance costs is shown below.

Units Produced Total Cost

July 18,560 $38,254

August 32,992 49,488

September 37,116 56,705

October 22,682 39,178

November 41,240 76,810

December 39,178 63,922

Compute the variable- and fixed-cost elements using the regression analysis. Present your solution in the form of a cost equation. (We recommend that you use the Intercept and Slope functions in Excel.) (Round intercept to 2 decimal places e.g. 1.25 and slope to 5 decimal places e.g. 1.25125.)

Intercept $

Slope $

The cost equation is: $ + $ per unit produced = Total cost

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

Biology
1.2K views

Signature-tagged mutagenesis is a genetic method for identifying genes that encode virulence factors. Explain how this method...

Medical Sciences
1.2K views

Tight junctions: a. allow communication between cells and an exchange of ions b. cause cell membranes to...

Programming
1.2K views

I have a C++ question. I'm reading words from a text file and storing each words...

Accounting
1.2K views

The selling and administrative expense budget of Fenley Corporation is based on the number of units...

Biology
1.2K views

Which of the following is true about scientific theories?Scientific theories can be revised, changed, or...

Calculus
1.2K views

Use the formula A = P(1+ r n)nt.Kendra invests $5800 in an account that earns...

Calculus
1.2K views

A B Find the exact surface area by rotating the curve about the y axis...

Calculus
1.2K views

County A County B County C The population y in the year x of the...

Accounting
1.2K views

Doggie Pals produces 90,000 dog collars each month that give off a fresh scent to...

Accounting
1.2K views

Astro Company manufactures custom engines for use in the lawn and garden equipment industry. The...

Accounting
1.2K views

Every year, companies in Australia generally expect to have to pay part of their earnings...

Accounting
1.2K views

QUESTION THREE a) The inventory balance of Gidimadjor Ltd are as follows for the year...