User Account

All Pages

Determine the expected utility cost

Assignment Help Accounting Basics
Reference no: EM131988131

Question - James is trying to determine if there is a relationship between machine hours and utility costs. He has gathered financial information from the last six months as follows:

Month Machine Hours Utility Costs

1 2000 900

2 2800 1420

3 3200 1200

4 3000 1200

5 2200 1300

6 2400 1000

Required:

A. Using either the high-low method or regression analysis, determine the equation for a line. (Note: You will receive 5 extra credit points if you use regression analysis.)

B. James believes that in month 7 the machine hour volume will be 3600 hours. Determine the expected utility cost.

Reference no: EM131988131

Questions Cloud

Determine the true cash balance for ana checking account : A check of $70, which was previously deposited, was returned by the bank plus a $10 service charge. Determine the true cash balance for Ana's checking account
What is the running time of modified quick-sort algorithm : What's the running time of my modified quick-sort algorithm on an array of numbers that's already sorted?
Plot a family of curves to display the effects of p and n : Plot a family of curves to display the effects of P and N on the probability of success in N trials, PN.
Marginal cost and average cost : What is (if any) the relationship between Marginal cost and Average cost? What happens in the "long-run" regarding production and cost?
Determine the expected utility cost : James is trying to determine if there is a relationship between machine hours and utility costs. Determine the expected utility cost
Inflationary gap or a deflationary gap : When the aggregate supply curve intersects the aggregate demand curve at a level of real GDP that exceeds potential GDP, is there an inflationary gap
What factors influence the demand for product : 1. What factors influence the demand for this product? What factors influence the supply of this product?
What is the effect of including harbor in net income : The amortization of excess cost allocations totaled $80,000 in 2010. What is the effect of including Harbor in consolidated net income for 2010
Economic growth and social development in developing : Do governments and companies in developed countries have an ethical responsibility to contribute to economic growth and social development in developing

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd