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Requirements

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Data table

Requirements

Use Excel regression analysis to determine Renkas Industries' manufacturing overhead cost

equation using DL hours as the cost driver. Comment on the R$-$square. Estimate MOH costs if

Renkas Industries incurs $29,500$ DL hours in January.

Use Excel regression analysis to determine Renkas's MOH cost equation using number of units

produced as the cost driver. Use all of the data provided. Project total MOH costs if Renkas

Industries produces $5,800$ units. Which cost equation is better$-$this one or the one from

Question $1?$ Why?

Use Excel regression analysis to determine Renkas Industries' MOH cost equation using number of

units produced as the cost driver. This time, remove any potential outliers before performing the

regression. How does this affect the R$-$square? Project total MOH costs if $5,800$ units are produced.

In which cost equation do you have the most confidence? Why?