Given a choice between the high-low method, a scattergraph, or regression analysis, which method would you prefer
Question:
Given a choice between the high-low method, a scattergraph, or regression analysis, which method would you prefer for separating a mixed cost into its fixed and variable components? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (10 reviews)
Regression analysis is preferabl...View the full answer
Answered By
Caroline Kinuthia
Taking care of the smaller details in life has a larger impact in our general well being, and that is what i believe in. My name is Carol. Writing is my passion. To me, doing a task is one thing, and delivering results from the task is another thing. I am a perfectionist who always take things seriously and deliver to the best of my knowledge.
4.90+
1934+ Reviews
4277+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
A company that provides cybersecurity services to small and medium-sized businesses, SafeOcean, offers several types of services. Most client businesses start by paying for basic protection services,...
-
Given a choice between A (a sure win of 100) and B (an 80 percent chance to win 150 and a 20 percent chance to win 0), Smith picks A. But when he is given a choice between C ( a 50 percent chance to...
-
Given a choice between young employees and more mature employees, which group would be easier to manage? Explain your answer.
-
The surveyor's formula (also called the Shoelace formula or Gauss's area formula) is a handy tool for computing the area of polygonal regions in the plane. For a triangle, it says the following:...
-
Compute the translational spring constant of a particular steel helical coil spring, of the type used in automotive suspensions. The coil has six turns. The coil diameter is 4 in., and the wire...
-
An auto dealership is advertising that a new car with a sticker price of $ 3 3 , 4 0 8 is on sale for $ 2 5 , 9 9 5 if payment is made in full, or it can be financed at 0 % interest for 7 2 months...
-
Using the Internet, locate a lender who finances hospitality operations. Determine the current interest rate for a $1 million unsecured loan. AppendixLO1
-
Using each of the five assumptions as to income division listed in Exercise 12-3, determine the income participation of Hawes and Albright if the year's net income is $104,000? In Exercise 12-3,...
-
Please help and explain please. 1) Sells $110,163 of services to clients for cash. Describe the effects of this transaction on the accounting equation in terms of debits and credits = Prepare the...
-
The shaft is supported by a smooth thrust bearing at B and a journal bearing at C. Determine the resultant internal loadings acting on the cross section at E. - 4 ft 4 ft +4 ft- 4 ft- 400 lb 800 lb
-
How can a company increase a products contribution margin?
-
Will Jones, LLP is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a $650 annual fee plus $12 per tax return for a license to use Mega Tax...
-
Given that find the values of m, n and p. 2x + 4x + 5 I - z.X = m + nx + p I - z.X
-
2. Question 2 When preparing a financial spread analysis, what should be done when the financial statement captions don't align with those provided in the spread template? 1 point Conform the...
-
Your company just secured an $6 million contract with a major public-sector client that is expected to generate thousands of jobs over the next 10 years. Describe the scenario as a blog.
-
Dr. John Gottman's research has been able to accurately predict divorce more than 90% of the time.By carefully studying how couples interact with each other, he identified what are known as "The Four...
-
Adult Sleep Times (hours) of sleep for randomly selected adult subjects included in the National Health and Nutrition Examination Study are listed below. Here are the statistics for this sample: n =...
-
For high-energy electron diffraction in a TEM, another estimate of the precision of diffraction angles can be provided by the uncertainty principle: px We do not know the specific plane that scatters...
-
Visit the Web sites of the major technology organizations listed in this chapter (Microsoft, Oracle, and Cisco), plus two more that you choose on your own. Search the Web sites for best security...
-
Use of the contraceptive Depo Provera appears to triple women's risk of infection with chlamydia and gonorrhea , a study reports today. An estimated 20 million to 30 million women worldwide use Depo...
-
"I'll never understand this accounting stuff," Blake Dunn yelled, waving the income statement he had just received from his accountant in the morning mail. "Last month, we sold 1,000 stuffed State...
-
At 3:00 p.m. on Friday afternoon, Dan Murphy, vice president of distribution, rushed into Grace Jones's office exclaiming, "This is the fourth week in a row we've fi led a record number of claims...
-
Steinway Musical Instruments, Inc. is a leading manufacturer of pianos and band and orchestral instruments. The company also maintains ten retail showrooms throughout the world. Classify each of the...
-
Questien It Calraluta bae neark yoe cen atforal to berren
-
In calculating the net present value of a proposed project, the cash flows of the project should include a.) amortization of goodwill b.) interest expenses paid to bondholders c.) extra working...
-
If Yolanda's insurance company cancels her fire insurance policy after 204 days, how much of the $682.00 annual premium will she receive as a refund (in $)? (Round you answer to the nearest cent.) $
Study smarter with the SolutionInn App