Dollarwise Trainers provides a personalized training program that is popular with many companies.The number of programs offered over the last five months,and the costs of offering these programs are as follows:
Programs Offered | Costs Incurred | |
Jan | 55 | $15,400 |
Feb | 45 | 14,050 |
Mar | 60 | 18,000 |
April | 50 | 14,700 |
May | 75 | 19,000 |
b.Using the least squares regression method compute the variable cost per progran and the total fixed cost per month
Correct Answer:
Verified
b.
a.
Change in costs $19,00...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q179: Delta,Epilson,and Sigma Companies
Three new companies (Delta,Epilson,and Sigma)began
Q180: Rosewood Corporation
Rosewood Corporation produces a single product.The
Q181: Why do managers frequently prefer variable costing
Q182: Vidal Corporation produces a single product.The following
Q183: Discuss the application of the high-low method.
Q185: Why is variable costing not used extensively
Q186: How do differences in sales and production
Q187: List and explain the four alternative measures
Q188: Crafton Corporation applies overhead at the rate
Q189: Buxton Office Supply Company has the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents