Solution-Complete the cost equations for the table

Complete the cost equations for the table

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Reference no: EM131598900

Assignment

Use Table 6 to compute the cost equations and R-squared measures for each of the remaining eight expenses and total expenses. Notice that there's a computed total requirement in the table. This just means that you must total these two columns and compare the computed totals to the Excelgenerated measures in the row below. In effect, you're being asked to comment on whether the separate cost formulas are "additive."

Table 6
Column	Expense	FC	VC	r-sq
1	Salaries	$106,866	-$110	4.10%
2	Vacation
3	Advertising and training
4	Supplies/tools/laundry
5	Freight
6	Vehicles
7	Demonstrators
8	Floor planning
	Computed total
9	Total

Complete the cost equations for the table. Use the R-squared as the single measure of "goodness of fit." Don't attempt to improve your results with the elimination of "outliers" or "influential outliers."

Attachment:- Data-For-Assignment.rar

Reference no: EM131598900

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Complete the cost equations for the table

Reference no: EM131598900

Reference no: EM131598900

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