What conclude about maintenance expense

Assignment Help Financial Accounting
Reference no: EM132795827

Problem 1: You have used regression analysis to compute the relationship between Maintenance Expense and Direct Labour hours. You correctly competed the coefficient of determination to be .96. What can you conclude about Maintenance Expense and Direct Labour costs?

a) Movement of these factors is in the same direction
b) There is no relationship in the movement of these factors
c) An increase in direct labour hours causes a decrease in Maintenance Expense
d) None of the answers are correct

Reference no: EM132795827

Questions Cloud

What is the payoff amount for the scenarios : You have just made a payment and have now decided to pay off the loan by repaying the outstanding balance. What is the payoff amount for the following scenarios
What amount should traylor debit the licensing agreement : At the time of the stock exchange, Traylor's $2 par value stock was selling for $14 per share. For what amount should Traylor debit the licensing agreement?
Prepare entries to record depreciation expense for the year : Assume that the building had remaining useful lives of 25 years, with zero residual value. Prepare entries to record depreciation expense for the year ended
Discuss about nature of society and social transformation : This course introduces several important "isms", that is to say arguments about the nature of society, the state, and social transformation.
What conclude about maintenance expense : You correctly competed the coefficient of determination to be .96. What can you conclude about Maintenance Expense and Direct Labour costs?
What is the present value today of a bond : What is the present value (i.e., price) today of a bond that will pay its owner $1,000,000 five years from today if the discount rate
What is thad qualified business income deduction : Assume the QBI amount is net of the self-employment tax deduction. What is Thad's qualified business income deduction
Calculate the current total annual ordering cost : Calculate the current total annual ordering cost. A local TV repairs shop uses 36,000 units of a part each year (A maximum consumption of 100 units per working)
Wwhat is the empirical test results of capm : Generally speaking, what is the logic of CAPM? What are the implications of CAPM for investors?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Create amortization schedules for both bond issuances

Why might company managers choose to issue zero-coupon bonds instead of interest-bearing bonds or coupon bonds instead of zero- coupon bonds?

  How many dozen eggs does a conventional farmer need to sell

How many dozen eggs does a conventional farmer need to sell to break even? How many does an organic farmer need to sell to break even?

  Explain how much taxable compensation is the equivalent

Explain how much taxable compensation is the equivalent of $7,500 of exempt compensation for each of the three classes of employees?

  List a reason a company might manipulate financial statement

List a reason a company might manipulate financial statements, and what sort of policies or procedures might mitigate the risk, or incentive to manipulate.

  Process costing in its two processing departments

Diaz Company uses process costing in its two processing departments; Assembly and Finishing. If the Assembly Department requisitioned direct materials to be used in production, totaling $80,000, which one of the following journal entries would be mad..

  Calculate the price of a share in Mitsui Ltd

Calculate the price of a share in Mitsui Ltd immediately after the repurchase announcement but before the new borrowings occur

  Solving for an interest rate

You are required to pay $5,000 for college fees for each of the next four years, and a not-quite- as-generous uncle offers to give you $15,187 toward your college fees. What annual interest rate do you need to earn to allow you to invest the money..

  Parent-subsidiary relationship between companies develops

A Parent-Subsidiary relationship between companies develops when one company owns greater than 50% of another company's voting stock. Deferred income taxes often result from temporary timing differences in the recognition of revenue and expense items..

  What is the size of the final payment

The payment of $682 is due at the end of each month. If the interest rate compounded annually is 3.99%, what is the size of the final payment

  Compute the best option of lease or buy

Compute the best option of lease or buy on the facts given - What is the minimal number of copies for which your law office should buy the machine instead of leasing it?

  Different from the bonds face value

Bonds usually sell at a price that is different from the bond's face value. When this happens, the bonds are sold at a discount or premium. Discuss the market forces that would cause a bond to sell at a price that is different from its face value.

  What is the value of the stock today

The dividend should grow rapidly - at a rate of 80% per year - during Years 4 and 5. If the required return on the stock is 18%, what is the value of the stock

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!

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